Open:
High:
Low:
Close:
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
There is an ascending triangle identified, the price breaks out.
An ascending triangle indicates that the price to go down when price collapses through the support line.
It is possible that a bearish price action towards the 64400 mark will be made once below 64500 as outlook for btcusd stays negative.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel has been recognized and the price wants a more move as a clue of a breakout.
An ascending channel spots that the price to go short once price breaks out to the the downside.
Btcusd targets a move to 64400.
RISING WEDGE
Ethereum
ETH/USD
1H
There is a rising wedge emerging and ethusd calls for a further strong correction as a signal of a breakout.
A rising wedge often signals prices are likely to keep falling downward in case if price breakdown occurs.
It is possible that a rangebound to 1860 will take place as there is a chance of further weakness.
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
An ascending triangle is close to being complete, the price demands a further strong move as a verification of a breakout.
An ascending triangle identifies a compelling formation that typically identifies that the price to go long once price breaks out to the the upside.
Ethusd to head towards the 1860 zone as the wind continues blowing in favor of ethusd.
BEARISH FLAG
Ethereum
ETH/USD
1H
We can see that a bearish flag is close to being complete, the price asks for a more bigger bearish action as a sign of a breakdown.
A bearish flag identifies a bearish move if price breakdown occurs.
There is a possibility of a rangebound towards 1840 on a breakout of the bearish flag.
RISING WEDGE
Bitcoin
BTC/USD
1H
A rising wedge is close to being done and the price is about to break out.
A rising wedge suggests a technical price indicator that identifies a bearish move when price breaks out to the the downside.
Btcusd set to plunge to 63500 as the cryptocurrency becomes offered.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
It looks like ethusd creates a descending channel, the price is close to breaking out soon.
A descending channel identifies price reversal after a pause in case if price breaks above resistance.
There is a probability of a rangebound towards 1860 on a breach of 1848.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
A descending triangle is discovered.
A descending triangle tends to be a specific indicator that identifies a breakout higher if price breaks out.
A bullish move to the 1860 mark is a possibility as the cryptocurrency looks bid.
FALLING WEDGE
EUR/USD
1H
It looks like a falling wedge emerges.
In case if price breaks above resistance, the resulting move could spot a bearish-to-bullish trend reversal.
Eurusd now looks towards the 1.145 mark.
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