Open:
High:
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ASCENDING CHANNEL
GBP/USD
1H
We can see that an ascending channel is identified and the price breaks out now.
An ascending channel represents a compelling bearish chart indicator that can be used to indicate a move down in case if price breaks down.
It is not ruled out that a bearish move to the 1.332 level will happen.
ASCENDING TRIANGLE
USD/JPY
4H
There is an ascending triangle appearing, the price is going to break out now.
Once price breaks through the resistance, the move could signal an extension in the upward direction.
A bullish move to 158.5 about to be made on a breakout of the ascending triangle.
PENNANT
GBP/USD
4H
We can see that a pennant pops up and the price is breaking out.
A pennant is a compelling formation that can be used to spot the more likely potential of falling prices once price breaks out to the the downside.
Further decline to 1.33 is going to happen while below 1.332.
DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
A descending triangle has been uncovered.
A descending triangle is a specific bullish pattern that often identifies reversals in downtrends when price breaks out to the the upside.
Ethusd to jump to 2000 once above 1960 as minor hurdle remains at 1960.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
Ethusd builds a descending channel.
A descending channel describes a reliable signal that indicates a further move up in case if price breaks out.
Ethusd to increase bullish potential to the 1970 zone on a breach of 1965 as the cryptocurrency probes 1965 hurdle.
FALLING WEDGE
Bitcoin
BTC/USD
1H
It looks like a falling wedge is close to being complete, btcusd requests bigger rise as an information of a breakout.
When price breaks through the resistance, the move could signal a bullish price move.
Btcusd to move up towards 67500 on impulse above 67200.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
We can see that a descending channel forms, the price calls for a next bigger bullish impulse to confirm descending channel breakout.
Once price breaks above resistance, the move could signal a further move up.
Btcusd targets a move to the 68000 zone as the mood may improve.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
A descending channel comes out, the price wants a bit more consolidation as evidence of a breakout.
A descending channel often spots that the price to go up once price breaks above resistance.
A bullish continuation towards 2000 looks likely once beyond 1980.
ASCENDING CHANNEL
Ethereum
ETH/USD
4H
There is an ascending channel taking place and the price is going to break out soon.
An ascending channel tends to be a technical chart pattern that typically results in a bearish price action when price collapses through the support line.
Ethusd to increase bearish potential to 1950 on a breakout of the ascending channel.
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