Typical Symptom: High 1x in the direction parallel to belts. Though 1x component can be found on both Vertical and Horizontal directions.
Instead of the typical Vertical and Horizontal directions it is best to choose the directions parallel and perpendicular to the belts.
The high 1x can be found on both sub-assemblies (e.g. the motor and fan). Since the motor and the fan would run at different speeds we would also find two distinct peaks on the signature corresponding to the motor and fan running speeds. Confirmation about which pulley is eccentric can be obtained by removing the belts and checking for the presence of high 1x on motor in the direction parallel to the belts.
Time waveform would be sinusoidal when viewed in velocity.
Phase: Phase reading taken parallel and perpendicular to belts will either be in phase or 180 degrees out of phase.