Open:
High:
Low:
Close:
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
As we can see a descending channel is close to being complete and the price breaks out soon.
Once price breaks above resistance, the move could signal a tendency to break in the opposite direction.
There is a probability of a bullish move towards the 78000 mark.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel is almost completed.
A descending channel is considered to be a bullish price formation that results in a bullish price move when price breaks out to the the upside.
A bullish price action to 2150 is likely to happen on impulse above 2144.
ASCENDING CHANNEL
USD/JPY
1H
An ascending channel is determined, the price requires an active bearish move as evidence of a breakout.
An ascending channel represents a specific chart indicator that indicates a bearish price move in case if price breaks below support.
Usdjpy to fall towards the 158.8 mark on a breach of 158.85.
RECTANGLE
Crude Oil
USOIL
4H
A rectangle develops and the price is about to break out.
A rectangle is a compelling bearish formation that spots prices are likely to keep falling downward in case if price breaks through the support.
Crude-oil to prolong the corrective phase to 96.
ASCENDING CHANNEL
EUR/USD
1H
An ascending channel materializes, the price calls for a steady move as an indication of a breakdown.
An ascending channel is a specific price action signal that can be used to spot a bearish price action if price breaks down.
Eurusd risks extending drop towards 1.159 on a break below 1.1596 as sell-off may continue.
BEARISH FLAG
Bitcoin
BTC/USD
1H
There is a bearish flag detected.
A bearish flag is believed to be a specific pattern that is angled up that is used to spot a bearish price move once price breaks out to the the downside.
There is a possibility of a rangebound to 76500.
ASCENDING CHANNEL
GBP/USD
1H
An ascending channel has been discovered and gbpusd requests a move as a verification of a breakout.
An ascending channel provides a compelling bearish chart formation that is angled up that signals a further move down when price breaks out to the the downside.
Gbpusd to experience further corrective weakness to the 1.34 mark as the currency pair becomes capped.
DESCENDING TRIANGLE
USD/JPY
1H
There is a descending triangle determined, the price breaks out.
Once price breaks out to the the upside, the move could spot a move up.
A move towards the 159.2 mark looks probable once beyond 159.15.
ASCENDING CHANNEL
GBP/USD
1H
We can see that gbpusd shapes an ascending channel.
An ascending channel identifies a move down in case if price breaks out to the the downside.
It is likely that corrective downside towards 1.342 will be made.
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