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ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel noticed.
An ascending channel suggests a compelling bearish price action pattern that is used to predict a bearish price move once price breaks out.
Btcusd to prolong the corrective phase towards the 89500 level.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel has been noticed and btcusd demands a more bigger move as an information of a breakout.
In case if price breaks out to the the downside, the move could signal a sharp decline.
Btcusd is at risk of resuming its decline towards 89500 on impulse below 90000.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
4H
There is an ascending triangle happening and the price wants a move to confirm a breakout.
When price breaks out to the the upside, the move could identify a sharp rise.
There is a chance of a bullish push up towards 91000 on a breach of 90400 as extra rangebound not ruled out.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1D
There is a descending triangle arising, the price asks for a bit more consolidation as a signal of a breakout.
When price breaks out to the the upside, the resulting move could predict a bullish price move.
It is not ruled out that a bullish move to 92000 will occur on a breach of 89500.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel appearing and btcusd requires more bigger fall as a sign of a breakout.
An ascending channel is said to depict a compelling price indicator that is used to predict a break during an uptrending market if price breaks out to the the downside.
There is a chance of corrective downside to the 89500 level once below 89800 as weakness continues.
FALLING WEDGE
Crude Oil
USOIL
1H
A falling wedge takes place.
A falling wedge results in an extension in the upward direction in case if price breaks out to the the upside.
It is not ruled out that a bullish price action towards the 57.5 mark will happen on a breakout of the falling wedge.
ASCENDING CHANNEL
Gold
XAU/USD
1H
An ascending channel pops up and gold expects a more move as an information of a breakout.
An ascending channel represents a useful signal that can be used to spot a bearish move once price breaks through the support.
Corrective downside towards 4300 is a possibility.
BEARISH FLAG
Gold
XAU/USD
1H
A bearish flag has been determined, the price is close to breaking out soon.
When price breaks down, the resulting move could predict that prices move counter to the prevailing price trend.
Gold targets a move towards 4340.
RISING WEDGE
USD/JPY
1H
A rising wedge is noticed.
A rising wedge suggests a signal that typically predicts price reversal after a pause once price breaks out.
It is possible that extra downside to the 156.6 mark will form as there is a chance for a downside correction.
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