Open:
High:
Low:
Close:
RECTANGLE
Ethereum
ETH/USD
1D
It seems like a rectangle is close to being complete, the price expects a bigger correction to confirm a breakdown.
In case if price breaks below support, the resulting move could predict a bearish price action.
It is likely that extra downside towards 2700 will happen.
DRAPEAU BAISSIER
Ethereum
ETH/USD
4H
We can see that ethusd builds a bearish flag, ethusd needs a further strong move as evidence of a breakout.
In case if price breaks through the support, the resulting move could signal a further move down.
There is a probability of a bearish push down towards the 2800 mark.
BISEAU ASCENDANT
Ethereum
ETH/USD
1H
There is a rising wedge recognized and the price needs a bigger correction to confirm a breakdown.
Once price breaks out to the the downside, the resulting move could indicate an extension in the downward direction.
Ethusd risks a move towards 3000 while lower than 3015.
CANAL ASCENDANT
Ethereum
ETH/USD
1H
An ascending channel is very close to being finished, the price needs a next bearish impulse for the certainty of breakdown.
An ascending channel typically indicates a move down once price breaks out to the the downside.
There is a possibility of a bearish push down towards 3000 on a breach of 3010.
BISEAU ASCENDANT
Ethereum
ETH/USD
1H
It seems like ethusd creates a rising wedge, the price is ready to break out.
A rising wedge can be thought of as a compelling price signal that is used to identify a bearish move once price breakdown occurs.
A move towards 2900 is on the way on a breakout of the rising wedge.
CANAL DESCENDANT
Ethereum
ETH/USD
4H
A descending channel has been detected and ethusd expects a steady move for clear breakout confirmation.
A descending channel depicts a technical indicator that can be used to spot an extension in the upward direction in case if price breaks through the resistance.
It is not ruled out that a bullish push up to the 2950 zone will take place on a breach of 2910.
BISEAU DESCENDANT
Ethereum
ETH/USD
1H
A falling wedge is very close to being finished.
A falling wedge tends to be a bullish price action signal that can be used to signal extending an uptrend in case if price breaks above resistance.
There is a chance of a bullish push up to 2950.
CANAL ASCENDANT
Ethereum
ETH/USD
1D
There is an ascending channel coming out, the price expects a next steady correction as a signal of a breakout.
An ascending channel often signals a move down once price breaks through the support.
Ethusd to move downward to the 2800 zone on a breach of 2800.
TRIANGLE ASCENDANT
Ethereum
ETH/USD
1H
As we can see an ascending triangle has been diagnosed, the price is ready to break out soon.
An ascending triangle is believed to be a specific bearish price action formation that often spots a sharp decline if price collapses through the support line.
Ethusd to plummet to the 2940 mark.
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