Open:
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Low:
Close:
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jun 20
There is a descending channel detected.
A descending channel typically spots the bears have run out of steam in case if price breaks out.
There is a chance of a move towards 78.5 as door open for a test of 78.5.
Litecoin: Symmetrical Triangle
LTC/USD,
1 hour
SHORT
Jun 4
There is a symmetrical triangle found, the price demands pullback to confirm a breakout.
A symmetrical triangle can be thought of as a compelling signal that is used to spot a sharp decline once price breakdown occurs.
LTC/USD risks extra downside towards 95.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jul 13
It seems like a descending channel is almost done.
A descending channel suggests a compelling chart formation that can be used to indicate that the price to go long in case if price breaks above resistance.
ADA/USD to head towards the 0.292 level on a breakout of the descending channel.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 10
There is an ascending channel encountered, the price is close to breaking out soon.
An ascending channel denotes a specific bearish indicator that can be used to spot a break in the price direction once price breaks out to the the downside.
LTC/USD accelerates losses to 88 as weakness continues.
Ripple: Descending Triangle
XRP/USD,
1 hour
LONG
Dec 24
It seems like a descending triangle is uncovered and the price is ready to break out.
A descending triangle denotes a bullish chart signal that can be used to signal a next move up once price breaks above resistance.
There is a chance of a bullish continuation to 0.622 on impulse above 0.622.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Apr 10
A bearish flag is very close to being finished.
In case if price breaks through the support, the move could signal a further move down.
ADA/USD challenges a move to 0.57 once below 0.575 as bears look for entries.
Cardano: Bullish Flag
ADA/USD,
4 hours
LONG
Dec 2
It looks like a bullish flag occurs.
When price breaks out to the the upside, the resulting move could signal a change in price direction.
ADA/USD to resume its rise towards the 0.395 mark.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Mar 21
We can see that ADA/USD establishes a falling wedge, the price needs a next strong move as evidence of a breakout.
A falling wedge suggests a reliable bullish formation that is angled down that is used to identify a next move up in case if price breaks above resistance.
ADA/USD to strengthen towards 0.345.
Bitcoin: Descending Channel
BTC/USD,
1 day
LONG
Feb 8
The price shows a descending channel and BTC/USD wants a bigger bullish move as a signal of a breakout.
When price breaks above resistance, the move could signal that the price will rally further.
There is a chance of a bullish push up to the 46000 zone as the mood may improve.
Cardano: Rectangle
ADA/USD,
4 hours
SHORT
Mar 15
There is a rectangle distinguished, the price needs a bigger correction as a signal of a breakdown.
A rectangle can be thought of as a useful indicator that spots a bearish price move if price breaks below support.
A bearish continuation to the 0.7 zone looks possible on a breakout of the rectangle as ADA/USD becomes weak.
Litecoin: Descending Triangle
LTC/USD,
4 hours
LONG
6 days ago
LTC/USD establishes a descending triangle and the price is close to breaking out.
A descending triangle can be thought of as a technical chart signal that identifies a further move up if price breaks above resistance.
It is not ruled out that a bullish move towards 83 will occur amid LTC/USD reclaims part of the ground lost.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
15 hours ago
An ascending channel has been encountered, the price breaks out.
An ascending channel describes a reliable price action pattern that can be used to identify a temporary interruption of an existing trend when price breaks through the support.
There is a chance of extra downside to 66800 as BTC/USD failes to keep gains.