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DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel is almost completed.
A descending channel is considered to be a bullish price formation that results in a bullish price move when price breaks out to the the upside.
A bullish price action to 2150 is likely to happen on impulse above 2144.
SEGITIGA MENURUN
Ethereum
ETH/USD
4H
We can see that a descending triangle is almost done and ethusd requires a bit more consolidation to confirm a breakout.
A descending triangle can be thought of as a technical price action formation that predicts extending an uptrend once price breaks out to the the upside.
Ethusd to move upward towards the 2160 zone on a breach of 2145.
RISING WEDGE
Ethereum
ETH/USD
1H
There is a rising wedge found, ethusd asks for a bigger bearish move as an indication of a breakout.
A rising wedge describes a bearish price indicator that is used to identify a bearish price action once price breaks down.
Ethusd still risks a move to 2120.
SEGITIGA MENINGKAT
Ethereum
ETH/USD
1H
An ascending triangle is close to completion, the price requires a strong move as a clue of a breakout.
Once price breaks out to the the upside, the resulting move could spot the more likely potential of rising prices.
A rangebound towards 2150 is a possibility on a break above 2144 as ethusd is at a brink of a bullish breakout.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel is discovered.
A descending channel describes a reliable price action indicator that often indicates that the price to go up once price breaks out.
Ethusd to head to the 2140 mark.
DESCENDING CHANNEL
Ethereum
ETH/USD
4H
There is a descending channel uncovered and the price is close to breaking out now.
A descending channel often indicates a breakout higher when price breaks above resistance.
It is not ruled out that a move towards 2150 will occur while above 2120.
PENNANT
Ethereum
ETH/USD
1H
As we can see a pennant is nearing completion and ethusd asks for a further active move as a verification of a breakout.
A pennant results in that the price will rally further if price breaks through the resistance.
Ethusd is bullish and en route to the 2120 level.
PENNANT
Ethereum
ETH/USD
1H
There is a pennant occuring, the price is ready to break out.
A pennant spots a bearish price action when price collapses through the support line.
Ethusd could attempt a move towards 2100 on a breakout of the pennant as ethusd becomes weaker.
FLAG BEARIS
Ethereum
ETH/USD
1H
There is a bearish flag poping up, the price is about to break out now.
If price breaks through the support, the resulting move could predict extending an downtrend.
Ethusd accelerates losses towards the 2170 mark as ethusd is at a brink of a bearish breakout.
Penafian.
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Pendedahan Risiko.
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