Open:
High:
Low:
Close:
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
An ascending channel is encountered.
If price breaks below support, the move could indicate that the price to go down.
Ethusd could attempt a move to 2460.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel taking place, ethusd requests a next active bearish impulse as an information of a breakout.
An ascending channel depicts a specific price action signal that results in a further move down in case if price breaks through the support.
A bearish move towards 2480 is about to happen amid the cryptocurrency recedes from tops.
ASCENDING TRIANGLE
Ethereum
ETH/USD
4H
There is an ascending triangle appearing.
An ascending triangle depicts a bearish price pattern that results in a bearish price action when price breakdown occurs.
Ethusd to nosedive towards the 2460 level.
ASCENDING CHANNEL
EUR/USD
1H
An ascending channel appears and the price is going to break out now.
An ascending channel can be thought of as a bearish pattern that is angled up that typically results in the bulls have run out of steam when price breaks out to the the downside.
Eurusd pulls away from recent highs towards 1.162 on a breach of 1.1628 as eurusd probes 1.1628 hurdle.
DESCENDING CHANNEL
USD/JPY
1H
There is a descending channel found.
A descending channel often identifies price reversal after a pause once price breaks above resistance.
Usdjpy to continue higher towards the 153.6 mark on a breach of 153.6.
RISING WEDGE
Bitcoin
BTC/USD
1H
Btcusd creates a rising wedge.
A rising wedge suggests a specific price pattern that is angled up that is used to identify extending an downtrend if price breaks below support.
There is a probability of corrective downside towards 78500.
DESCENDING CHANNEL
Gold
XAU/USD
1H
There is a descending channel recognized and the price is about to break out now.
A descending channel is a specific price pattern with a downward bias that identifies that the price to go up if price breaks through the resistance.
Gold to jump towards 4440 while above 4430 amid the commodity reclaims part of the ground lost.
DESCENDING TRIANGLE
Gold
XAU/USD
4H
It seems like a descending triangle is close to being finished.
In case if price breaks out to the the upside, the move could spot an extension in the upward direction.
There is a possibility of a move towards the 4450 mark on a breakout of the descending triangle.
RECTANGLE
GBP/USD
4H
A rectangle is determined, the price is ready to break out.
In case if price breaks out to the the upside, the resulting move could identify the bears have run out of steam.
There is a possibility of a rangebound to the 1.358 zone.
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