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Litecoin: Descending Triangle
LTC/USD,
1 hour
SHORT
19 hours ago
We can see that a descending triangle is exposed.
A descending triangle represents a specific bearish chart signal that can be used to predict a bearish move when price breakdown occurs.
LTC/USD to continue lower to 83.6 on a break below 83.65.
Cardano: Descending Triangle
ADA/USD,
1 hour
LONG
Mar 29
There is a descending triangle taking place, the price is ready to break out.
A descending triangle typically identifies the more likely potential of rising prices when price breaks above resistance.
A bullish price action towards 0.65 is on the cards while above 0.646 amid rising bets for the move.
Ethereum: Falling Wedge
ETH/USD,
4 hours
LONG
4 days ago
The price creates a falling wedge and the price calls for an active impulse up as proof of a breakout.
If price breaks out, the move could identify an interruption of a downtrend.
ETH/USD could attempt a move to 2950.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Oct 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
LONG
Jun 30
LTC/USD completes an ascending triangle.
Once price breaks out, the resulting move could predict that prices are likely to keep rallying upward.
A bullish price action to 87 stays on the cards.
Cardano: Symmetrical Triangle
ADA/USD,
1 hour
SHORT
Apr 12
It looks like a symmetrical triangle is close to being completed and the price is close to breaking out.
A symmetrical triangle suggests a compelling price action pattern that identifies prices are likely to keep falling downward if price breakdown occurs.
A move towards the 0.575 level is likely on a breach of 0.581.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Nov 5
We can see that the price gives a descending channel and XRP/USD requests a further steady move for clear breakout confirmation.
A descending channel suggests a specific chart formation with a downward bias that is used to signal a further move up if price breaks out to the the upside.
A bullish run towards the 0.63 zone looks probable.
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
4 days ago
A descending channel is almost done, ADA/USD wants a next strong move as a signal of a breakout.
A descending channel is said to depict a bullish chart indicator that is used to signal a bullish move in case if price breaks out.
A bullish run to the 0.45 level is on the cards on a breakout of the descending channel.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jan 31
It looks like LTC/USD gives an ascending channel and the price needs a more move as proof of a breakdown.
An ascending channel results in price reversal after a pause when price collapses through the support line.
It is possible that a rangebound towards 67 will be made.
Ethereum: Descending Channel
ETH/USD,
1 hour
SHORT
18 hours ago
It looks like a descending channel is detected and the price breaks out.
A descending channel represents a compelling bearish signal that results in a next move down once price breaks below support.
It is likely that corrective downside towards 3090 will occur on a breach of 3096.
Cardano: Descending Triangle
ADA/USD,
4 hours
LONG
Jul 10
A descending triangle is almost done, the price is close to breaking out now.
A descending triangle results in a bullish price action if price breaks out.
ADA/USD to jump towards the 0.295 level on a break above 0.289.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
30 hours ago
An ascending channel is uncovered, the price is close to breaking out now.
In case if price collapses through the support line, the move could indicate a bearish price action.
It is not ruled out that further decline to 3100 will take place.