Tag: Descending
Bitcoin price dips below $37K as a descending channel pattern comes back into play
The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from Cointelegraph Markets [...]
Bitcoin price descending channel and loss of momentum could turn $60K to resistance
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question [...]
Bitcoin’s Technical Bias Flips Bullish as Price Climbs Above Descending Trendline
Bitcoin ran through key technical resistance levels on Wednesday, strengthening a bullish bias, and extended gains Thursday.The cryptocurrency jump [...]
Oil Price Breaks Out of Descending Channel to Approach August High
Oil Price Talking PointsThe price of oil climbs to a fresh monthly high ($73.14) following a larger-than-expected contraction in US inventories, w [...]
AUD/USD Breaks Out of Descending Channel to Commerce Above 50-Day SMA
Australian Greenback Speaking FactorsAUD/USD extends the advance following the Kansas Metropolis Fed Financial Symposium to interrupt out of a des [...]
AUD/USD Threatens Descending Channel Forward of Australia GDP Report
Australian Greenback Speaking FactorsAUD/USD has come up towards trendline resistance after reversing forward of the November 2020 low (0.6991), a [...]
AUD/USD Price Rebound Takes Form Inside Descending Channel Formation
Australian Greenback Speaking FactorsAUD/USD seems to have reversed course forward of the November 2020 low (0.6991) after marking the primary fiv [...]
AUD/USD Price Tracks Descending Channel Forward AU Employment Report
Australian Greenback Speaking FactorsAUD/USD slips to a recent yearly low (0.7238) because it extends the decline following the Reserve Financial [...]
EUR/GBP Finds Assist Inside Descending Channel, Eyeing 0.8450
Key Speaking Factors:EUR/GBP makes an attempt to construct momentum however faces robust resistanceSellers will probably be aiming to breach the d [...]
Bitcoin (BTC) Faces Vital Headwinds, Ethreum (ETH) Sticks to Descending Trendline
Key Speaking Factors:Vital Headwinds Forward for BTC/USDThe bullish run in Bitcoin over the previous few classes has been short-lived. The primary [...]
EUR/USD Breaks Out of Descending Channel Forward of Fed Fee Choice
EUR/USD Fee Speaking FactorsEUR/USD clears the March excessive (1.2113) because it breaks out of the descending channel from earlier this yr, and [...]
EUR/USD Bullish Worth Sequence Results in Break of Descending Channel
EUR/USD Price Speaking FactorsEUR/USD climbs to a recent month-to-month excessive (1.2149) because it breaks out of the descendin [...]
EUR/USD Price Trades in Descending Channel, RSI Retains Bearish Pattern
EUR/USD Price Speaking FactorsEUR/USD struggles to increase the advance following the US Non-Farm Payrolls (NFP) report as Europe [...]
USD/JPY Worth – Testing Assist on Multi-Yr Descending Triangle
USD/JPY Evaluation:USD/JPY continues to waver round 105.000Anticipated upcoming volatility might help safe-haven YenIG Shopper Se [...]
USD Descending Triangle for FOMC
US Greenback Value Forecast:USD Assist Bounce Meets FOMCIt’s been a riveting 12 months already within the US Greenback and there’ [...]