Open:
High:
Low:
Close:
ASCENDING TRIANGLE
Bitcoin Cash
BCH/USD
1H
An ascending triangle develops and the price calls for a further bigger move to confirm a breakout.
An ascending triangle identifies a bearish pattern that often identifies a sharp decline once price breakdown occurs.
Bchusd could extend its slump towards the 442 mark on a breach of 442.8 as the cryptocurrency nears 442.8 hurdle.
DESCENDING TRIANGLE
Bitcoin Cash
BCH/USD
1H
A descending triangle is very close to being finished and the price is about to break out.
A descending triangle suggests a compelling bullish indicator that can be used to indicate a further move up once price breaks through the resistance.
Bchusd to maintain its positive tone towards 444 on a breach of 443.5 as weakness seen overdone.
SYMMETRICAL TRIANGLE
Bitcoin Cash
BCH/USD
1H
The price sets up a symmetrical triangle.
If price breaks down, the resulting move could predict the bulls have run out of steam.
Bchusd risks extending drop towards 440.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
A descending channel has been uncovered.
A descending channel is a specific bullish chart signal that spots that the price to go up when price breaks through the resistance.
Bchusd to extend its rebound to 450.
BEARISH FLAG
Bitcoin Cash
BCH/USD
1D
Bchusd develops a bearish flag.
A bearish flag typically indicates a sharp decline in case if price breaks out.
Bchusd looks south to 440 on impulse below 452.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
The price shapes a descending channel and the price is ready to break out.
A descending channel typically identifies the more likely potential of rising prices once price breaks above resistance.
Bchusd to jump to the 450 mark as there is a chance for a upside correction.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
There is a descending channel noticed, bchusd demands a strong move as a clue of a breakout.
If price breaks through the resistance, the resulting move could signal a sharp rise.
It is not ruled out that a rangebound to 450 will be made.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
A descending channel has been found, bchusd demands an active bullish impulse to confirm a breakout.
A descending channel predicts that prices move counter to the prevailing price trend when price breaks through the resistance.
Bchusd aims to complete a retracement towards 460.
FALLING WEDGE
Bitcoin Cash
BCH/USD
1H
We can see that the price builds a falling wedge.
A falling wedge identifies a next move up once price breaks through the resistance.
It is not ruled out that a bullish push up towards 465 will be made as downside pressure seen easing.
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