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Bitcoin: Ascending Channel

BTC/USD, 4 hours    SHORT 2 days ago
There is an ascending channel discovered, BTC/USD needs further active push down to confirm ascending channel breakout. An ascending channel provides a technical bearish price signal that often identifies prices are likely to keep falling downward if price breaks down. There is a possibility of extra downside to 46000 on a breakout of the ascending channel.

Ethereum: Ascending Channel

ETH/USD, 4 hours    SHORT 2 days ago
An ascending channel takes place. Once price breaks below support, the resulting move could identify a bearish price action. ETH/USD embarks on a bearish correction towards 3300.

Ethereum: Descending Triangle

ETH/USD, 1 hour    SHORT Sep 7
There is a descending triangle happening. If price collapses through the support line, the move could indicate extending an downtrend. ETH/USD set to plunge towards 3880 while below 3900 as the cryptocurrency challenges 3900 hurdle.

GBP/USD: Rising Wedge

GBP/USD, 4 hours    SHORT 4 days ago
As we can see the price gives a rising wedge. A rising wedge is a bearish chart signal that indicates an extension in the downward direction in case if price breaks below support. It is possible that a bearish run towards 1.375 will take place on a break below 1.381.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Jun 16
We can see that an ascending channel is spotted, the price is ready to break out soon. An ascending channel is said to depict a reliable signal that results in a bearish price move in case if price breaks below support. EUR/USD is at risk of extending its slump towards 1.211 on a breakdown of the ascending channel as bears looking for downside correction.

Ethereum: Ascending Channel

ETH/USD, 4 hours    SHORT 47 hours ago
There is an ascending channel developing and the price is close to breaking out now. An ascending channel typically results in a temporary interruption during a rising market when price breaks down. It is likely that a further move to 3300 will take place.

USD/JPY: Ascending Channel

USD/JPY, 1 hour    SHORT 21 hours ago
An ascending channel has been observed. An ascending channel is believed to be a compelling bearish price indicator that is used to predict the more likely potential of falling prices once price breaks below support. USD/JPY opens door for a move to 109.9 on a breakout of the ascending channel.

Gold: Ascending Triangle

XAU/USD, 1 hour    SHORT Jun 16
As we can see an ascending triangle is close to being finished, XAU/USD wants a strong move to confirm ascending triangle breakdown. An ascending triangle is a technical indicator that often identifies a sharp decline if price breaks below support. XAU/USD to maintain its negative tone to the 1845 level as door open for the continuation of the downtrend.

EUR/USD: Pennant

EUR/USD, 4 hours    SHORT 4 days ago
A pennant has been identified. In case if price breakdown occurs, the move could spot an extension in the downward direction. There is a probability of decline towards the 1.18 zone on a downside break as EUR/USD is at a brink of a bearish breakout.

Gold: Falling Wedge

XAU/USD, 1 hour    LONG Jul 9
As we can see a falling wedge materializes and the price is going to break out soon. A falling wedge identifies a technical price signal that signals that the price to go long when price breaks above resistance. A further bullish push up to 1815 about to be made as downside pressure alleviates.

Gold: Bearish Flag

XAU/USD, 4 hours    SHORT 4 days ago
There is a bearish flag forming and the price wants a further steady move as evidence of a breakout. In case if price breaks through the support, the move could predict a move down. Corrective downside towards 1785 looks probable as door open for the continuation of the downtrend.

Ethereum: Rectangle

ETH/USD, 1 hour    SHORT 35 hours ago
There is a rectangle emerging and the price is going to break out. A rectangle indicates that the price to go short if price collapses through the support line. It is not ruled out that a bearish push down to 3300 will happen.
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