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BANDERÍN
Bitcoin en efectivo
BCH/USD
1H
There is a pennant poping up.
A pennant provides a price indicator that can be used to identify a sharp decline in case if price collapses through the support line.
It is likely that a further bearish price action to 625 will occur.
CUÑA DESCENDENTE
Bitcoin en efectivo
BCH/USD
1H
There is a falling wedge exposed.
A falling wedge provides a price formation that has a downward slope that typically results in a move up when price breaks out to the the upside.
Bchusd to increase bullish potential to the 645 mark on a upside break.
CUÑA DESCENDENTE
Bitcoin en efectivo
BCH/USD
4H
As we can see a falling wedge comes out, the price breaks out.
A falling wedge depicts a useful bullish chart pattern with a downward bias that is used to identify a change in price direction in case if price breaks out to the the upside.
Bchusd opens door for a move to 640 on impulse above 634.
CANAL ASCENDENTE
Bitcoin en efectivo
BCH/USD
1H
We can see that an ascending channel appears and the price is about to break out now.
In case if price collapses through the support line, the move could indicate a bearish price action.
There is a chance of a further bearish run to the 625 zone on a breakout of the ascending channel.
CUÑA DESCENDENTE
Bitcoin en efectivo
BCH/USD
1H
We can see that a falling wedge is close to completion, the price breaks out.
A falling wedge provides a technical price action signal that is used to predict a trend change to the upside once price breaks out to the the upside.
There is a chance of a bullish move towards 635.
TRIÁNGULO DESCENDENTE
Bitcoin en efectivo
BCH/USD
1H
As we can see a descending triangle arises, the price is ready to break out.
A descending triangle provides a chart pattern that can be used to signal a sharp decline if price breaks below support.
Bchusd is at risk of extending its slump to 625 once below 627 as extra rangebound not ruled out.
CANAL DESCENDENTE
Bitcoin en efectivo
BCH/USD
1H
A descending channel is close to being complete, the price is ready to break out soon.
A descending channel signals a bullish move once price breaks out.
It is possible that a rangebound towards 640 will form on a breach of 636.
CUÑA DESCENDENTE
Bitcoin en efectivo
BCH/USD
1H
As we can see a falling wedge forms and the price is about to break out.
Once price breaks out to the the upside, the resulting move could spot a temporary interruption of an existing trend.
Bchusd to recover bullish potential towards 635.
BANDERÍN
Bitcoin en efectivo
BCH/USD
1H
Bchusd forms a pennant and the price expects a move as proof of a breakdown.
A pennant often indicates extending an downtrend once price breaks out.
A bearish move towards 640 stays on the cards.
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