Open:
High:
Low:
Close:
RISING WEDGE
Bitcoin
BTC/USD
1D
There is a rising wedge determined.
A rising wedge suggests a specific bearish price indicator that is used to predict that the price to go down in case if price collapses through the support line.
There is a probability of a bearish move to 76000.
ASCENDING CHANNEL
Crude Oil
USOIL
1H
We can see that an ascending channel is close to being completed and the price requests more steady pullback for the certainty of breakout.
An ascending channel is considered to be a reliable chart indicator that is used to indicate a bearish move if price breaks below support.
Crude-oil risks a move towards the 98 level.
DESCENDING CHANNEL
EUR/USD
1H
Eurusd establishes a descending channel, the price is breaking out.
If price breaks out, the resulting move could spot that the price to go long.
Eurusd to extend its advance to 1.172.
DESCENDING CHANNEL
Gold
XAU/USD
1H
A descending channel is almost done, gold asks for a more bigger bullish impulse as a verification of a breakout.
A descending channel is said to depict a reliable indicator that typically predicts a pause in a downtrending market once price breaks out to the the upside.
A bullish move to 4650 looks possible on a breakout of the descending channel.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
A descending triangle is close to being done, the price demands a bigger move as a sign of a breakout.
A descending triangle often indicates a break in the price direction if price breaks out.
A bullish price action towards 2300 is probable on a break above 2295.
DESCENDING CHANNEL
GBP/USD
1H
A descending channel is determined.
A descending channel is believed to be a technical chart indicator that typically predicts a further move up once price breaks above resistance.
A further bullish push up towards the 1.354 level stays on the cards on a breach of 1.352 as bulls looking for profit.
DESCENDING CHANNEL
GBP/USD
1H
Gbpusd shapes a descending channel and gbpusd requires a bit more consolidation as a verification of a breakout.
When price breaks above resistance, the move could predict an interruption of a downtrend.
It is likely that a further bullish move towards 1.352 will take place on a breakout of the descending channel as indicators favor bulls.
FALLING WEDGE
EUR/USD
1H
The price builds a falling wedge.
A falling wedge denotes a reliable price signal that often identifies that the price will rally further in case if price breaks out.
Eurusd tests a move towards the 1.172 level.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is a descending triangle developing.
A descending triangle often signals that the price to go short once price breaks down.
Ethusd targets a move towards the 2260 zone on a breach of 2270.
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