BOREARIS

Ethereum (ETH/USD) Bear flag 1 hour

Ethereum (ETH/USD) 1 hourConfirmed Oct 15, 11:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 2,430.75Confirm 2,376.802,372.96Target 1 2,355.83Target 2,334.86━ MA20 + Bollinger Bands ━ MA50 1 hour70503037.04━ RSI ━ 9MA0-30.40━ MACD ━ MACD Signal10/14 07:0010/14 13:0010/14 19:0010/15 01:0010/15 07:0010/15 13:00
BaseLowBounceConfirmedClosedInvalid2,430.75Confirm2,376.802,372.96Target1 2,355.83Target2,334.86━ MA20 ━ MA5070503037.04━ RSI ━ 9MA0-30.40━ MACD ━ MACD Signal14 15:0015 01:0015 11:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bear flag: First target, then break-even

Target2,334.86
First target2,355.83
Confirmation2,376.80
Invalid at2,430.75
Move+0.34%

Timeframe1 hour
ConfirmedOct 15, 11:00
ClosedOct 15, 12:00
Duration2.0 h
Reward / risk0.78

What this tells you

A sharp drop followed by a small bounce; a break below the consolidation usually means the downtrend resumes.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Pole baseOct 14, 16:002,527.10
Pole bottomOct 15, 05:002,400.00
Bounce highOct 15, 08:002,426.60
ConfirmationOct 15, 11:002,376.80

Recently closed Bear flag patterns: 25 in total, 17 reached the target first (68%), 8 were invalidated and 0 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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