Double bottom, target in the 4000s. After a long downtrend, the double bottom pattern appears to be a reversal pattern.
Ethereum has bounced of resistance here multiple time and if this diamond pattern plays it it may be followed by a price rally.
It looks like a cup and handle to me, targets shown in the chart.
The falling wedge appears to be breaking out. It seems that ETH is continuing to go up for now.
The cryptocurrency market has been in a steady downtrend, this may be the bottom.
BTC Possible Bear Flag. BTC Possible Bear Flag. BTC Possible Bear Flag.
BTC Falling Wedge. If the price breaks upper trendline, BTC will begin a rally.
It seems that ETH is going to continue downward based on this bear flag pattern.
See chart for double bottom and target. Once the double bottom is confirmed the price could rally to new ATHs.
See neckline for double bottom. See target for falling wege. If the double button is confirmed, ETH looks like it will really up to new ATHs.
If this small double bottom plays out it may be enough to reverse Ethereum's price retracement after reaching a new ATH in November. Once the target for the double bottom is met, the price may break out the falling wedge pattern shown in the chart. This would then possibly lead Ethereum to rally towards a new ATH again.
Ethereum's price is currently retracing after reaching a new ATH in November. There is a downtrend that I expect will continue. Based on the head and shoulders pattern, macd indicator, and fibonacci levels, targets are as shown in the chart.
ETH is continuing to retrace after rallying to new ATH recently. Based on fib levels, MACD, and a bear flag pattern the target for the short idea is as shown in the chart.
MANA has broken out of the upper trendline of a descending triangle pattern. If the target for the triangle pattern is met the upward trend may continue upwards further, until it meets the other targets.
Downtrend appears it will continue based on indicators and trend.
If the upward trend of GALA continues, projected targets are as shown in chart.
Eth broke down out of a rising wedge. Based on the trend, Fibonacci levels are as shown.