Open:
High:
Low:
Close:
DESCENDING TRIANGLE
บิทคอยน์แคช
BCH/USD
1H
A descending triangle develops and the price calls for a next move as a signal of a breakout.
When price breaks below support, the resulting move could signal that the price to go down.
A further bearish continuation to 515 is a possibility while lower than 518 as door open for a test of 515.
ASCENDING TRIANGLE
บิทคอยน์แคช
BCH/USD
1H
There is an ascending triangle materializing.
In case if price breaks down, the move could spot a bearish price action.
Bchusd challenges a move to 525 on a breakout of the ascending triangle.
ASCENDING CHANNEL
บิทคอยน์แคช
BCH/USD
1H
There is an ascending channel exposed and the price is going to break out.
An ascending channel is a useful chart pattern that is angled up that often identifies that the price to go short in case if price breaks through the support.
It is not ruled out that a bearish push down to 520 will be made.
DESCENDING CHANNEL
บิทคอยน์แคช
BCH/USD
1H
A descending channel is discovered and the price is ready to break out.
A descending channel provides a compelling price formation that typically signals a next move up when price breaks out.
Bchusd to extend its advance towards 540 while above 520.
ASCENDING CHANNEL
บิทคอยน์แคช
BCH/USD
1H
There is an ascending channel turning up.
If price breaks out to the the downside, the move could identify the bulls have run out of steam.
It is not ruled out that a further rangebound towards 520 will occur once below 522.
ASCENDING TRIANGLE
บิทคอยน์แคช
BCH/USD
1H
We can see that an ascending triangle is close to being finished.
An ascending triangle often predicts extending an downtrend once price breaks out.
A bearish run to 520 is likely to happen on a breach of 522.
DESCENDING CHANNEL
บิทคอยน์แคช
BCH/USD
1H
There is a descending channel developing, the price is ready to break out now.
A descending channel describes a useful bullish price action indicator that can be used to identify a bullish price move in case if price breaks out.
Bchusd to peak to 545 on a breach of 540.
PENNANT
บิทคอยน์แคช
BCH/USD
1H
It looks like a pennant appears and the price wants a strong move to confirm a breakout.
Once price breaks down, the resulting move could spot that the price to go down.
It is not ruled out that a bearish run to 520 will form on impulse below 526.
สี่เหลี่ยมผืนผ้า
บิทคอยน์แคช
BCH/USD
1H
It seems like a rectangle appears, the price is breaking out.
A rectangle often indicates an extension in the upward direction if price breaks through the resistance.
A bullish continuation to the 550 level stays on the cards on a breakout of the rectangle.
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