Open:
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ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is an ascending triangle turning up, the price is close to breaking out.
An ascending triangle suggests a specific bearish chart signal that signals an extension in the downward direction if price breaks out to the the downside.
Ethusd to slump towards the 1990 level on a breach of 1995 as bears looking for downside correction.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
It seems like an ascending channel pops up.
An ascending channel identifies a bearish move when price breaks through the support.
Ltcusd to continue the dereciation trend towards 53.5.
RISING WEDGE
Bitcoin Cash
BCH/USD
1H
There is a rising wedge coming out, the price is ready to break out soon.
If price breaks through the support, the move could signal a sharp decline.
Bchusd to accomodate towards 480.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
An ascending channel is distinguished.
An ascending channel tends to be a price action indicator that indicates a bearish move if price breaks below support.
Xrpusd to suffer further downside towards the 1.33 mark.
DESCENDING TRIANGLE
Cardano
ADA/USD
1H
There is a descending triangle detected and the price lacks further pullback as proof of a breakdown.
A descending triangle is said to depict a bearish formation that is used to indicate that the price to go short when price breaks out.
Corrective downside towards the 0.242 mark is possible while lower than 0.244.
PENNANT
Bitcoin Cash
BCH/USD
1D
As we can see bchusd shapes a pennant.
A pennant depicts a compelling chart indicator that spots a bullish price action once price breaks above resistance.
Bchusd to surge considerably to the 500 zone.
BEARISH FLAG
Bitcoin
BTC/USD
1H
There is a bearish flag revealed and the price breaks out.
A bearish flag identifies a bearish indicator that is used to signal a pause in an uptrending market once price breakdown occurs.
There is a chance of a bearish push down to 66000.
BEARISH FLAG
Ethereum
ETH/USD
1H
A bearish flag turns up, the price wants more pullback as evidence of a breakout.
A bearish flag is said to depict a useful price signal that can be used to indicate a bearish price move in case if price breaks out.
Ethusd could attempt a move to 2000 as outlook for ethusd stays negative.
BEARISH FLAG
Ripple
XRP/USD
1H
It looks like a bearish flag appears, the price breaks out soon.
Once price breaks through the support, the resulting move could signal an upward trend is nearing its end.
There is a chance of corrective downside towards 1.33.
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