BOREARIS

Ethereum (ETH/USD) Bear pennant 15 min

Ethereum (ETH/USD) 15 minConfirmed Nov 03, 01:30 UTC+8

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

Bear pennant: Target hit

Target2,240.17
First target2,247.14
Confirmation2,254.10
Invalid at2,275.38
Move+0.52%

Timeframe15 min
ConfirmedNov 03, 01:30
ClosedNov 03, 01:45
Duration0.5 h
Reward / risk0.66

What this tells you

A sharp drop followed by a small converging triangle; a downside break usually continues the decline.

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 baseNov 02, 21:302,300.30
Pole bottomNov 03, 00:002,258.10
Bounce highNov 03, 00:302,273.10
ConfirmationNov 03, 01:302,254.10

Recently closed Bear pennant patterns: 13 in total, 8 reached the target first (62%), 5 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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