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Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Jan 5
The price sets up a descending triangle, BTC/USD demands a next active move to confirm a breakout.
When price breaks through the resistance, the resulting move could indicate that the price to go up.
BTC/USD advances higher towards 98400 amid the cryptocurrency recovers from recent lows.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
Mar 26
As we can see BTC/USD sets up an ascending channel, the price is about to break out.
An ascending channel typically indicates a sharp decline once price breaks below support.
There is a probability of a bearish run to 87000 on a breakout of the ascending channel as upside pressure seen easing.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Apr 27
A descending channel happens and the price is about to break out.
A descending channel can be thought of as a reliable pattern that is used to identify a countertrend succeeding the current trend if price breaks through the resistance.
A further bullish continuation to 134 about to be made.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Mar 4
We can see that a descending channel has been spotted.
A descending channel is said to depict a useful price action pattern that is angled down that can be used to predict a bullish price action in case if price breaks above resistance.
EUR/USD to continue higher towards 1.055 on a breakout of the descending channel as EUR/USD nears 1.05 hurdle.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
5 days ago
An ascending channel has been identified.
An ascending channel is believed to be a useful chart signal that is used to predict a breakdown is likely to occur when price breaks out.
BTC/USD embarks on a bearish correction towards 84000 amid rising bets for the move.
Bitcoin: Pennant
BTC/USD,
4 hours
SHORT
5 days ago
It seems like BTC/USD gives a pennant and BTC/USD needs a next move as a verification of a breakdown.
A pennant identifies a specific bearish chart signal that typically signals the bulls have run out of steam if price breaks out to the the downside.
There is a possibility of a further bearish move to 86000 on a breakdown of the pennant as the cryptocurrency is at a brink of a bearish breakout.
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
27 hours ago
A descending channel pops up.
A descending channel is believed to be a useful chart pattern with a downward bias that typically spots a downward trend is about to reverse into an upnward trend if price breaks out.
It is possible that a rangebound towards 88000 will take place amid the cryptocurrency reclaims part of the ground lost.
GBP/USD: Ascending Triangle
GBP/USD,
1 day
LONG
Feb 14
An ascending triangle has been diagnosed.
An ascending triangle is said to depict a specific bullish price formation that spots a sharp rise in case if price breaks out.
GBP/USD to have better chances of advancing towards 1.26 as the currency pair becomes bid.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
SHORT
Mar 9
There is a descending triangle developing and the price is ready to break out soon.
A descending triangle is considered to be a compelling bearish signal that can be used to signal that the price to go down when price breaks through the support.
It is possible that a bearish continuation to 85500 will be made.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
Jan 15
There is a rectangle detected.
A rectangle tends to be a specific bearish chart pattern that indicates a bearish price move when price breaks through the support.
USD/JPY risks a correction towards 157.2 on a breakout of the rectangle.
USD/JPY: Falling Wedge
USD/JPY,
4 hours
LONG
21 hours ago
There is a falling wedge appearing.
If price breaks through the resistance, the move could identify that the price to go long.
A bullish run towards 150 is about to happen as USD/JPY becomes bullish.
Ethereum: Bullish Rectangle
ETH/USD,
1 hour
LONG
Oct 14
It looks like a bullish rectangle has been discovered and ETH/USD needs a bigger bullish continuation as a signal of a breakout.
A bullish rectangle suggests a reliable bullish indicator that is used to predict that the price to go up once price breaks out.
ETH/USD to have better chances of advancing towards 2500 on a breakout of the bullish rectangle.