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Cryptocurrencies

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Litecoin: Descending Triangle

LTC/USD, 1 hour    LONG Oct 15
It seems like a descending triangle is close to completion and the price requires a next strong impulse up as an information of a breakout. A descending triangle provides a bullish price signal that is used to identify the bears have run out of steam in case if price breaks through the resistance. It is likely that a bullish push up towards 61.6 will take place.

Ripple: Ascending Triangle

XRP/USD, 1 hour    SHORT Nov 9
It seems like the price sets up an ascending triangle. An ascending triangle often signals that the price to go short if price breaks out. XRP/USD tests a move to 0.68.

Litecoin: Ascending Triangle

LTC/USD, 1 hour    SHORT Oct 9
An ascending triangle is close to being completed. An ascending triangle can be thought of as a specific price action signal that is used to spot a bearish price move if price collapses through the support line. LTC/USD hints a change to the downside towards 65.

Ethereum: Ascending Triangle

ETH/USD, 1 hour    LONG May 14
An ascending triangle has been identified. An ascending triangle typically predicts extending an uptrend in case if price breaks out to the the upside. A bullish price action to 1815 is on the cards.

Ripple: Rising Wedge

XRP/USD, 1 hour    SHORT Jun 28
A rising wedge emerges and the price is breaking out. A rising wedge is said to depict a compelling indicator that can be used to predict the more likely potential of falling prices once price breaks out to the the downside. XRP/USD does not rule out a move to 0.48 on a downside break as risk reversal sheds bullish bias.

Ripple: Rectangle

XRP/USD, 4 hours    LONG Dec 25
There is a rectangle spotted, the price breaks out soon. If price breaks through the resistance, the resulting move could indicate the more likely potential of rising prices. It is likely that a move towards 0.63 will occur on a break above 0.626 as the cryptocurrency is at a brink of a bullish breakout.

Bitcoin: Bullish Flag

BTC/USD, 1 hour    LONG 5 days ago
A bullish flag is spotted and the price is about to break out now. A bullish flag provides a technical bullish price formation that is angled down that indicates the bears have run out of steam if price breaks out to the the upside. There is a possibility of a rangebound to the 62000 mark while above 61800.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Aug 20
As we can see a descending channel is close to being complete, LTC/USD demands an active bullish action as an information of a breakout. A descending channel predicts a next move up when price breaks above resistance. It is likely that a bullish push up towards the 65.5 zone will form as downside pressure alleviates.

Ripple: Descending Channel

XRP/USD, 4 hours    LONG Feb 26
There is a descending channel developing, the price breaks out. Once price breaks through the resistance, the resulting move could signal a bullish move. It is possible that a bullish push up towards 0.55 will take place on a breach of 0.546 as minor hurdle remains at 0.546.

Ripple: Descending Triangle

XRP/USD, 1 hour    LONG May 6
As we can see XRP/USD sets up a descending triangle, XRP/USD expects a further active bullish action as proof of a breakout. A descending triangle is said to depict a signal that can be used to identify a further move up if price breaks above resistance. It is likely that a bullish run to 0.535 will be made.

Ethereum: Ascending Channel

ETH/USD, 1 hour    SHORT Sep 24
An ascending channel comes out and the price requires a next bigger move as an indication of a breakdown. An ascending channel identifies a specific bearish signal that identifies a move down if price breaks out. ETH/USD to suffer further downside towards 1590.

Bitcoin: Bullish Flag

BTC/USD, 1 hour    LONG Feb 26
BTC/USD gives a bullish flag and the price demands an active move as a clue of a breakout. A bullish flag represents a reliable chart signal that is used to indicate a sharp rise in case if price breaks above resistance. It is not ruled out that a bullish move towards the 51800 level will form on a breach of 51550.
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