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Ethereum (ETH/USD) Bull pennant 15 min

Ethereum (ETH/USD) 15 minConfirmed Oct 22, 02:15 UTC+8
BaseTopPullbackConfirmedClosedTarget 2,537.91Target 1 2,526.60Confirm 2,515.30Invalid 2,498.412,491.50━ MA20 + Bollinger Bands ━ MA50 15 min70503047.71━ RSI ━ 9MA04.57━ MACD ━ MACD Signal10/21 19:1510/21 20:4510/21 22:1510/21 23:4510/22 01:1510/22 02:45
BaseTopPullbackConfirmedClosedTarget2,537.91Target1 2,526.60Confirm2,515.30Invalid2,498.412,491.50━ MA20 ━ MA5070503047.71━ RSI ━ 9MA4.57━ MACD ━ MACD Signal21 21:1521 23:4522 02:15

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

Bull pennant: Invalidated

Target2,537.91
First target2,526.60
Confirmation2,515.30
Invalid at2,498.41
Move-0.77%

Timeframe15 min
ConfirmedOct 22, 02:15
ClosedOct 22, 02:45
Duration0.8 h
Reward / risk1.34

What this tells you

A sharp rise followed by a small converging triangle; an upside break usually continues the rally.

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 21, 21:302,454.90
Pole topOct 22, 00:302,523.40
Pullback lowOct 22, 01:002,500.60
ConfirmationOct 22, 02:152,515.30

Recently closed Bull pennant patterns: 9 in total, 6 reached the target first (67%), 3 were invalidated and 0 expired (small sample). 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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