Open:
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Close:
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
It looks like a descending channel is close to being finished and btcusd asks for a next strong impulse up as evidence of a breakout.
A descending channel spots a temporary interruption during a falling market in case if price breaks through the resistance.
A bullish price action to 76500 stays on the cards.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
An ascending channel appears and the price is ready to break out soon.
An ascending channel identifies a technical price action pattern that typically identifies extending an downtrend in case if price breaks out to the the downside.
Btcusd risks a correction to 76000.
DESCENDING CHANNEL
Bitcoin
BTC/USD
4H
A descending channel is close to being completed.
A descending channel describes a specific bullish price indicator that often signals that the price to go long once price breaks above resistance.
Btcusd embarks on a bullish correction to 79000 as btcusd challenges 78600 hurdle.
BEARISH FLAG
Bitcoin
BTC/USD
1H
We can see that btcusd completes a bearish flag, the price calls for a further strong move as proof of a breakdown.
In case if price breaks through the support, the move could indicate that the price to go down.
A bearish push down towards 76500 is likely to happen as there is a chance of further weakness.
BEARISH RECTANGLE
Bitcoin
BTC/USD
4H
There is a bearish rectangle observed and the price requests bigger pullback for the certainty of breakdown.
A bearish rectangle typically signals prices are likely to keep falling downward if price breaks out to the the downside.
Btcusd now looks towards 76500 on a breach of 76700.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
The price sets up a descending channel.
A descending channel is said to depict a compelling price action signal that indicates a bullish price move in case if price breaks out.
Btcusd hints a change to the upside towards 77500 on a breach of 77200 as uptrend may continue.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
4H
As we can see a descending triangle is close to being completed.
Once price breaks through the resistance, the resulting move could indicate a break in the price direction.
There is a probability of a bullish move to 78000 once beyond 77600.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
A descending channel is nearing completion.
A descending channel tends to be a specific bullish price action formation that is angled down that typically predicts a bullish price action in case if price breaks out to the the upside.
A bullish push up to 77500 is not ruled out amid rising bets for the move.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel is very close to being finished, the price is ready to break out soon.
If price breakdown occurs, the resulting move could identify a pause in an uptrending market.
There is a probability of a move towards the 77800 zone.
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