Open:
High:
Low:
Close:
RECTANGLE
Bitcoin Cash
BCH/USD
1H
There is a rectangle taking place, the price is about to break out.
A rectangle identifies a formation that often identifies a next move down once price breaks through the support.
Bchusd embarks on a bearish correction towards 565.
RECTANGLE
Cardano
ADA/USD
1H
Adausd shapes a rectangle, adausd asks for next steady push down as an indication of a breakdown.
A rectangle identifies a specific bearish indicator that identifies a bearish price move once price breaks out to the the downside.
Adausd to accomodate towards 0.4.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
There is a descending triangle diagnosed, the price is ready to break out.
A descending triangle indicates the more likely potential of falling prices in case if price breaks through the support.
A bearish run towards 89800 is going to happen.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
4H
It seems like a descending triangle is distinguished, the price is breaking out.
A descending triangle identifies a bearish price action in case if price collapses through the support line.
There is a probability of a bearish push down towards 89000.
PENNANT
Ripple
XRP/USD
1H
We can see that a pennant is almost finished, the price is breaking out.
A pennant is believed to be a bearish pattern that typically indicates an extension in the downward direction if price breaks down.
Xrpusd to move back towards 2.01 on a breakdown of the pennant.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge revealed and the price is close to breaking out.
A falling wedge is believed to be a specific signal that can be used to identify a bearish-to-bullish trend reversal when price breaks out to the the upside.
There is a probability of a bullish price action towards 90400 as the cryptocurrency is at a brink of a bullish breakout.
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
As we can see an ascending triangle emerges.
An ascending triangle provides a reliable chart indicator that is used to signal that the price to go short if price breaks down.
Ethusd to increase bearish potential towards the 3110 zone on a breach of 3114.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
There is an ascending triangle noticed, the price asks for a next move as proof of a breakout.
An ascending triangle tends to be a reliable bearish price action indicator that can be used to spot a further move down if price breakdown occurs.
There is a probability of a bearish push down to the 2 mark on a breach of 2.02.
BEARISH FLAG
Cardano
ADA/USD
1H
There is a bearish flag coming out and adausd asks for further bigger pullback as evidence of a breakdown.
A bearish flag typically spots prices are likely to keep falling downward when price breaks out to the the downside.
It is possible that a further bearish price action towards 0.408 will occur on a downside break.
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