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DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
It looks like the price composes a descending triangle, ethusd wants a further bullish action for clear breakout confirmation.
A descending triangle represents a useful price action signal that often spots an extension in the upward direction in case if price breaks out to the the upside.
There is a chance of a move towards the 1900 mark on a upside break.
FALLING WEDGE
Ethereum
ETH/USD
1H
It looks like ethusd gives a falling wedge.
A falling wedge spots a bullish move if price breaks through the resistance.
There is a chance of a bullish continuation to 1880 as door open for the continuation of the uptrend.
FALLING WEDGE
Ethereum
ETH/USD
1H
There is a falling wedge developing, the price calls for a bit more consolidation as a signal of a breakout.
A falling wedge depicts a compelling formation that is angled down that can be used to spot a potential reversal in price action if price breaks through the resistance.
Ethusd to push up towards the 1860 zone on a breakout of the falling wedge.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
A descending triangle has been distinguished, the price requests further bigger push down as proof of a breakdown.
Once price breaks below support, the move could identify the bulls have run out of steam.
It is not ruled out that extra downside towards 63500 will occur.
RISING WEDGE
Bitcoin
BTC/USD
1D
There is a rising wedge observed and btcusd lacks more pullback for the certainty of breakdown.
A rising wedge represents a specific bearish chart signal that is used to spot the more likely potential of falling prices if price breakdown occurs.
Btcusd could extend its slump to the 64000 level.
FALLING WEDGE
Crude Oil
USOIL
1H
A falling wedge materializes, the price asks for push up as a sign of a breakout.
A falling wedge is a specific price action formation that results in a potential reversal in price action in case if price breaks through the resistance.
Crude-oil opens door for a move to the 90 zone.
PENNANT
USD/JPY
1H
There is a pennant taking place and usdjpy requires a move to confirm pennant breakout.
A pennant depicts a technical chart formation that results in that prices are likely to keep rallying upward when price breaks above resistance.
Usdjpy turns higher to the 163.9 mark on a breakout of the pennant.
DESCENDING TRIANGLE
GBP/USD
1H
Gbpusd shapes a descending triangle, gbpusd calls for a more bullish move as evidence of a breakout.
A descending triangle identifies a bullish price action in case if price breaks out to the the upside.
Gbpusd to push up towards 1.334 on a breakout of the descending triangle as extra rangebound not ruled out.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
A descending triangle has been observed.
A descending triangle represents a technical formation that often results in a bearish move when price collapses through the support line.
Btcusd to accomodate towards 64400 as the cryptocurrency becomes offered.
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