Open:
High:
Low:
Close:
RECTANGLE
Bitcoin
BTC/USD
1H
A rectangle has been found and the price breaks out soon.
A rectangle signals a sharp rise when price breaks through the resistance.
There is a chance of a bullish continuation to 77800 on a break above 77800.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
It seems like the price builds a descending channel and the price needs a more steady move as a clue of a breakout.
In case if price breaks through the resistance, the move could identify an extension in the upward direction.
Ethusd to jump towards the 2400 zone on a breakout of the descending channel.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
It seems like a descending channel has been noticed.
A descending channel typically spots a bullish price move if price breaks out to the the upside.
A bullish continuation towards 2420 about to be made as risk reversal sheds bearish bias.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge exposed and btcusd needs a steady move for clear breakout confirmation.
A falling wedge can be thought of as a compelling formation that typically identifies a pause in a downtrending market in case if price breaks out to the the upside.
Btcusd to move up to 78000.
DESCENDING CHANNEL
EUR/USD
1H
The price establishes a descending channel, the price calls for a more bullish move as an indication of a breakout.
A descending channel typically identifies a bullish move once price breaks out.
There is a probability of a further bullish continuation to the 1.161 level on a breach of 1.1598 as risk reversal sheds bearish bias.
DESCENDING CHANNEL
GBP/USD
1H
A descending channel is spotted, the price is ready to break out.
A descending channel typically results in that prices are likely to keep rallying upward if price breaks out.
Gbpusd advances higher towards the 1.352 mark as the currency pair challenges 1.3505 hurdle.
DESCENDING CHANNEL
EUR/USD
1H
It seems like a descending channel has been identified, the price demands a further move for the certainty of breakout.
A descending channel typically signals price heading to a new direction in case if price breaks out.
Eurusd hints a change to the upside towards 1.159 as risk reversal sheds bearish bias.
DESCENDING CHANNEL
Gold
XAU/USD
1H
There is a descending channel revealed and the price is close to breaking out.
A descending channel is a useful price indicator that identifies a downward trend is about to reverse into an upnward trend if price breaks out.
Gold to extend its rebound to 4400 while above 4340 as bulls look for entries.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
There is an ascending channel distinguished and the price breaks out soon.
Once price breaks out, the move could indicate that the price to go short.
A move to the 88 level is probable as sell-off may continue.
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