Open:
High:
Low:
Close:
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
It looks like an ascending channel forms, the price is breaking out.
An ascending channel spots a change in price direction when price breaks below support.
Ethusd to increase bearish potential towards 2320.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel encountered, the price expects an impulse down as an indication of a breakout.
An ascending channel identifies a temporary interruption during a rising market if price breaks out to the the downside.
Btcusd points to the downside towards 80500 as the cryptocurrency loses bullish momentum.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
An ascending channel is very close to being completed, ethusd demands a bigger move to confirm ascending channel breakout.
An ascending channel is believed to be a useful price indicator that can be used to indicate a sharp decline when price collapses through the support line.
It is possible that a bearish push down to 2320 will occur.
ASCENDING CHANNEL
EUR/USD
1H
As we can see the price establishes an ascending channel.
An ascending channel results in a bearish price move if price collapses through the support line.
Eurusd risks extra downside towards the 1.175 zone.
ASCENDING CHANNEL
Gold
XAU/USD
4H
There is an ascending channel encountered, the price breaks out soon.
An ascending channel suggests a signal that predicts a temporary interruption of an existing trend if price breaks below support.
It is likely that a bearish price action to 4600 will be made.
RECTANGLE
USD/JPY
1H
It looks like a rectangle is almost done, the price wants a next steady move as an information of a breakout.
A rectangle typically identifies the bears have run out of steam if price breaks through the resistance.
Usdjpy to maintain its positive tone towards 157.1 as door open for a test of 157.1.
SYMMETRICAL TRIANGLE
Ethereum
ETH/USD
1D
A symmetrical triangle takes place, the price needs a more impulse up for clear breakout confirmation.
If price breaks above resistance, the resulting move could indicate that prices are likely to keep rallying upward.
Ethusd to grind higher to the 2400 mark.
ASCENDING TRIANGLE
Crude Oil
USOIL
1H
There is an ascending triangle spotted and the price calls for a move as a signal of a breakout.
An ascending triangle is a bullish price action formation that is used to spot that prices are likely to keep rallying upward if price breaks above resistance.
Crude-oil to peak towards 100.
PENNANT
Gold
XAU/USD
1H
A pennant is exposed and the price breaks out now.
A pennant typically results in a sharp decline once price collapses through the support line.
There is a possibility of a move to 4700 while lower than 4715.
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