Open:
High:
Low:
Close:
RISING WEDGE
Litecoin
LTC/USD
1H
The price creates a rising wedge.
A rising wedge represents a reliable price pattern that is used to predict an upward trend is nearing its end if price collapses through the support line.
A bearish price action towards 53 is likely.
BEARISH FLAG
Cardano
ADA/USD
1H
A bearish flag comes out, the price asks for a more strong correction as a clue of a breakout.
A bearish flag often spots prices are likely to keep falling downward when price breaks out.
Adausd to nosedive towards 0.245 as the cryptocurrency becomes capped.
DESCENDING CHANNEL
Litecoin
LTC/USD
4H
A descending channel is uncovered and the price demands a bigger impulse up as evidence of a breakout.
If price breaks out to the the upside, the resulting move could spot that the price to go long.
Ltcusd is bullish and en route towards the 53.5 level.
RECTANGLE
Ripple
XRP/USD
1H
It seems like a rectangle has been revealed.
A rectangle results in a bullish move when price breaks above resistance.
Xrpusd to move upward towards the 1.33 mark.
SYMMETRICAL TRIANGLE
Bitcoin Cash
BCH/USD
1H
The price sets up a symmetrical triangle.
If price breaks down, the resulting move could predict the bulls have run out of steam.
Bchusd risks extending drop towards 440.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
It looks like an ascending triangle happens.
An ascending triangle depicts a specific bearish price indicator that is used to indicate the bulls have run out of steam in case if price collapses through the support line.
There is a possibility of a bearish price action to 66500.
BEARISH FLAG
Ethereum
ETH/USD
1H
A bearish flag is almost finished, ethusd asks for a more steady move for the certainty of breakdown.
A bearish flag is a reliable bearish price formation that is angled up that predicts a bearish price move in case if price breaks down.
Ethusd could attempt a move towards 2040 on a break below 2050 as upside pressure alleviates.
RECTANGLE
Cardano
ADA/USD
1H
As we can see a rectangle arises and the price is going to break out.
A rectangle is said to depict a compelling bullish formation that can be used to identify extending an uptrend in case if price breaks above resistance.
There is a possibility of a rangebound to the 0.246 mark on a breakout of the rectangle.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge materializing.
A falling wedge often signals a pause in a downtrending market in case if price breaks above resistance.
A bullish push up to the 67000 zone is going to happen.
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