Open:
High:
Low:
Close:
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
There is a descending triangle coming out.
A descending triangle results in that the price to go down once price breaks below support.
There is a chance of a bearish run to 62400 on a breach of 62600.
SYMMETRICAL TRIANGLE
Ethereum
ETH/USD
1H
A symmetrical triangle happens, the price needs an active move to confirm symmetrical triangle breakout.
A symmetrical triangle typically signals a sharp decline if price collapses through the support line.
It is possible that a move towards the 1860 zone will be made.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
The price shapes a descending channel.
A descending channel spots extending an uptrend when price breaks above resistance.
A bullish run to 63500 is likely to happen on a break above 63200 as extra rangebound not ruled out.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
A descending channel emerges and the price is close to breaking out now.
A descending channel provides a reliable formation that has a downward slope that spots extending an uptrend once price breaks through the resistance.
There is a possibility of a bullish continuation to 63500 as door open for the continuation of the uptrend.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
We can see that a descending channel arises.
A descending channel often signals a bullish price move once price breaks out to the the upside.
There is a probability of a move towards the 1880 zone once above 1865.
RECTANGLE
Bitcoin
BTC/USD
1H
There is a rectangle exposed, the price requests pullback for clear breakdown confirmation.
A rectangle identifies an extension in the downward direction in case if price breaks below support.
There is a possibility of a further bearish move to 63000 as upside pressure alleviates.
BEARISH FLAG
Gold
XAU/USD
1H
Gold composes a bearish flag.
If price collapses through the support line, the move could indicate reversals in uptrends.
Gold to maintain its negative tone to 4060.
DESCENDING CHANNEL
Crude Oil
USOIL
1H
Crude-oil gives a descending channel, the price is going to break out now.
Once price breaks through the resistance, the move could signal a move up.
Crude-oil to accomodate to 86.
DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
We can see that a descending triangle is close to being completed, the price requires a more move as an information of a breakout.
A descending triangle predicts the bulls have run out of steam once price breaks down.
Decline towards 1860 is probable on a breakout of the descending triangle.
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