Open:
High:
Low:
Close:
DESCENDING TRIANGLE
EUR/USD
4H
The price builds a descending triangle and the price is ready to break out.
A descending triangle can be thought of as a technical bullish price signal that indicates the bears have run out of steam in case if price breaks through the resistance.
A bullish move towards 1.154 about to be made while above 1.152.
RISING WEDGE
USD/JPY
4H
Usdjpy gives a rising wedge and the price breaks out now.
A rising wedge typically results in an extension in the downward direction in case if price breaks out to the the downside.
Usdjpy hints a change to the downside towards 159.5.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel turns up and the price is about to break out.
A descending channel is believed to be a reliable signal that often spots a trend change to the upside in case if price breaks out to the the upside.
There is a chance of a bullish price action to 2020.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
4H
As we can see a descending triangle is almost finished, the price breaks out soon.
A descending triangle results in a next move up when price breaks out to the the upside.
Btcusd to push up towards the 67000 mark as bullish momentum increases.
ASCENDING CHANNEL
USD/JPY
1H
We can see that an ascending channel is close to being complete, the price wants a further move as a signal of a breakout.
An ascending channel suggests a specific bearish chart indicator that is used to predict a pause in an uptrending market when price breaks out to the the downside.
A bearish run to the 159.8 level is on the cards on a breakout of the ascending channel.
FALLING WEDGE
Ethereum
ETH/USD
4H
A falling wedge is almost completed, the price breaks out soon.
Once price breaks out, the move could predict a bullish move.
It is likely that a bullish price action towards the 2050 mark will occur.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is a descending channel arising.
A descending channel suggests a bearish chart formation that is used to predict a sharp decline when price breaks below support.
A bearish run towards 66200 looks possible.
FALLING WEDGE
Ethereum
ETH/USD
1H
We can see that a falling wedge is diagnosed and the price is breaking out.
A falling wedge suggests a chart signal that is used to indicate that the price to go up when price breaks out.
It is not ruled out that a move to the 2000 zone will occur.
SYMMETRICAL TRIANGLE
Bitcoin
BTC/USD
1H
It seems like a symmetrical triangle emerges, the price is close to breaking out now.
Once price breaks below support, the move could signal the more likely potential of falling prices.
Btcusd to push down to 66400 as the cryptocurrency becomes capped.
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