Open:
High:
Low:
Close:
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
3 days ago
It looks like a descending channel comes out.
Once price breaks out, the move could signal a downward trend is about to reverse into an upnward trend.
ETH/USD to accomodate towards the 1100 level on a upside break.
Bitcoin: Rising Wedge
BTC/USD,
4 hours
SHORT
Jun 26
It looks like a rising wedge has been identified and the price is ready to break out now.
A rising wedge spots a bearish move if price breaks below support.
There is a probability of extra downside to 20000.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Feb 4
We can see that ETH/USD establishes a bullish flag and the price calls for a further bigger bullish impulse as an information of a breakout.
A bullish flag results in a breakout higher once price breaks out.
There is a chance of a move towards 2750 on a upside break.
USD/JPY: Ascending Triangle
USD/JPY,
1 day
LONG
Mar 11
We can see that an ascending triangle is almost done, the price expects a more active bullish impulse as evidence of a breakout.
An ascending triangle is said to depict a technical chart formation that predicts a further move up once price breaks out.
USD/JPY pushes higher towards 116.5.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Mar 8
As we can see a descending channel has been exposed, the price asks for a bigger impulse up to confirm descending channel breakout.
A descending channel denotes a bullish formation that can be used to identify a move up once price breaks above resistance.
A bullish run towards 39000 looks possible while above 38700.
Gold: Ascending Channel
XAU/USD,
1 hour
SHORT
Jan 26
The price forms an ascending channel.
An ascending channel often spots a bearish move once price breaks out.
Corrective downside to 1840 is on the cards.
GBP/USD: Ascending Channel
GBP/USD,
4 hours
SHORT
Jun 10
An ascending channel is uncovered.
In case if price breaks out, the move could identify a bearish move.
A bearish move to the 1.24 level stays on the cards on a breach of 1.245.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Feb 14
There is a descending channel identified and the price requests a move to confirm a breakout.
Once price breaks through the resistance, the move could predict an extension in the upward direction.
It is not ruled out that a rangebound to the 42600 level will form.
Ethereum: Bearish Rectangle
ETH/USD,
1 hour
SHORT
Dec 3
There is a bearish rectangle noticed.
If price breaks down, the move could signal the bulls have run out of steam.
ETH/USD set to fall towards the 4450 level on a break below 4470.
Crude Oil: Ascending Triangle
USOIL,
1 hour
LONG
27 hours ago
There is an ascending triangle encountered, the price asks for an active move for clear breakout confirmation.
An ascending triangle is believed to be a reliable indicator that often spots the bears have run out of steam in case if price breaks through the resistance.
There is a possibility of a bullish push up towards 110.
Bitcoin: Rectangle
BTC/USD,
4 hours
SHORT
Jan 21
There is a rectangle occuring, the price is going to break out.
A rectangle is said to depict a technical bearish chart formation that often predicts the bulls have run out of steam if price breaks out.
BTC/USD risks potential downside towards the 41000 mark on a breakdown of the rectangle.
Crude Oil: Rectangle
USOIL,
1 hour
SHORT
Nov 26
We can see that USOIL creates a rectangle.
A rectangle typically signals an extension in the downward direction if price breaks out.
USOIL set to fall towards the 78 zone.