Sentences with phrase «major descending channel»
A major descending channel is forming around $ 670 which is also the 23.6 % Fib retracement level of the last swing high of $ 770 and a low of $ 647.
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Price was being pinched between the descending channel (flag) and the major support trend line and finally broke out of the flag with a strong upside move.
Most importantly, this week's highlighted a descending channel pattern with resistance near $ 600 on the hourly chart of BCH / USD is a major barrier.
This week's important descending channel pattern with major resistance near $ 575 on the hourly chart of BCH / USD (data feed from Kraken) was broken.
The most important break was above this week's long followed descending channel pattern with major resistance near $ 575 on the hourly chart of BCH / USD.
This week's important descending channel pattern with major resistance near $ 575 on the hourly chart of BCH / USD (data feed from Kraken)