Open:
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DESCENDING CHANNEL
Ethereum
ETH/USD
4H
We can see that a descending channel is close to being finished, the price is close to breaking out soon.
A descending channel suggests a bullish chart signal that signals an extension in the upward direction once price breaks through the resistance.
A rangebound to 1900 stays on the cards on a breakout of the descending channel.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is a descending channel distinguished and btcusd requires a further steady move as a signal of a breakout.
A descending channel predicts a bullish price move when price breaks through the resistance.
Btcusd opens door for a move to the 63200 level on a breach of 63100.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel appears.
A descending channel is believed to be a reliable bullish pattern that typically predicts price heading to a new direction if price breaks out.
Ethusd challenges a move to 1880 on impulse above 1865 amid rising bets for the move.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is a descending channel materializing.
In case if price breaks through the resistance, the move could signal a bullish price move.
Btcusd turns bullish to 63200.
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.
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