BOREARIS

Ethereum (ETH/USD) Bear flag 1 hour

Ethereum (ETH/USD) 1 hourConfirmed Oct 23, 13:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 2,414.49Confirm 2,387.962,375.42Target 1 2,368.29Target 2,348.61━ MA20 + Bollinger Bands ━ MA50 1 hour70503042.96━ RSI ━ 9MA0-7.33━ MACD ━ MACD Signal10/21 19:0010/22 07:0010/22 19:0010/23 07:0010/23 19:0010/24 07:00
BaseLowBounceConfirmedClosedInvalid2,414.49Confirm2,387.962,375.42Target1 2,368.29Target2,348.61━ MA20 ━ MA5070503042.96━ RSI ━ 9MA0-7.33━ MACD ━ MACD Signal22 12:0023 06:0024 00:00

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

Bear flag: Target hit

Target2,348.61
First target2,368.29
Confirmation2,387.96
Invalid at2,414.49
Move+1.55%

Timeframe1 hour
ConfirmedOct 23, 13:00
ClosedOct 24, 06:00
Duration18.0 h
Reward / risk1.48

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 22, 09:002,472.84
Pole bottomOct 23, 00:002,353.60
Bounce highOct 23, 10:002,411.04
ConfirmationOct 23, 13:002,387.96

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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