Open:
High:
Low:
Close:
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge recognized, the price is ready to break out soon.
A falling wedge indicates a next move up in case if price breaks above resistance.
Btcusd to maintain its positive tone towards 67500.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
There is a descending channel diagnosed, ethusd wants a strong bullish impulse as a signal of a breakout.
A descending channel indicates an interruption of a downtrend if price breaks out to the the upside.
Ethusd to move upward towards 1970.
ASCENDING CHANNEL
Gold
XAU/USD
1H
We can see that an ascending channel has been found, the price is breaking out.
If price breaks through the support, the resulting move could predict a next move down.
It is not ruled out that a further bearish move to the 5060 zone will happen.
ASCENDING CHANNEL
Gold
XAU/USD
1H
An ascending channel has been found.
Once price breaks through the support, the move could indicate a countertrend succeeding the current trend.
Gold violates bullish trendline to the 5100 level on a downside break.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
An ascending triangle takes place.
An ascending triangle is a specific bearish signal that predicts that the price to go short when price breaks through the support.
Btcusd points to the downside towards the 66500 zone.
ASCENDING CHANNEL
GBP/USD
1H
We can see that an ascending channel is identified and the price breaks out now.
An ascending channel represents a compelling bearish chart indicator that can be used to indicate a move down in case if price breaks down.
It is not ruled out that a bearish move to the 1.332 level will happen.
ASCENDING TRIANGLE
USD/JPY
4H
There is an ascending triangle appearing, the price is going to break out now.
Once price breaks through the resistance, the move could signal an extension in the upward direction.
A bullish move to 158.5 about to be made on a breakout of the ascending triangle.
PENNANT
GBP/USD
4H
We can see that a pennant pops up and the price is breaking out.
A pennant is a compelling formation that can be used to spot the more likely potential of falling prices once price breaks out to the the downside.
Further decline to 1.33 is going to happen while below 1.332.
DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
A descending triangle has been uncovered.
A descending triangle is a specific bullish pattern that often identifies reversals in downtrends when price breaks out to the the upside.
Ethusd to jump to 2000 once above 1960 as minor hurdle remains at 1960.
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