Open:
High:
Low:
Close:
BEARISH FLAG
Bitcoin
BTC/USD
4H
A bearish flag happens.
A bearish flag is considered to be a useful bearish price indicator that can be used to signal reversals in uptrends when price breaks out.
A move towards the 66000 zone is about to happen as btcusd looks offered.
DESCENDING TRIANGLE
Litecoin
LTC/USD
4H
A descending triangle forms, the price is about to break out soon.
A descending triangle can be thought of as a useful pattern that can be used to indicate that the price to go down once price breaks through the support.
Ltcusd opens door for a move towards the 53 mark on a breakout of the descending triangle.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
A descending channel has been found, bchusd demands an active bullish impulse to confirm a breakout.
A descending channel predicts that prices move counter to the prevailing price trend when price breaks through the resistance.
Bchusd aims to complete a retracement towards 460.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel detected, btcusd demands a more bearish move to confirm a breakout.
An ascending channel provides a bearish indicator that can be used to indicate extending an downtrend once price breaks out.
Btcusd to head to the 68000 level.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
It seems like the price builds an ascending channel.
An ascending channel depicts a useful bearish chart signal that can be used to predict a bearish price action when price breaks down.
Ltcusd embarks on a bearish correction to 53.5 while below 54.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel occuring.
An ascending channel identifies a bearish formation that can be used to identify the bulls have run out of steam once price breaks down.
Ethusd to move back to the 2120 level.
ASCENDING CHANNEL
Cardano
ADA/USD
1H
There is an ascending channel detected, adausd lacks a further bigger move as a signal of a breakout.
Once price breaks through the support, the move could predict that the price to go down.
It is possible that a bearish run to the 0.245 level will be made.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel identified, the price requires a bigger correction as a sign of a breakout.
If price breaks out to the the downside, the move could indicate a further move down.
Xrpusd to slump to 1.34 on a downside break as door open for the continuation of the downtrend.
RISING WEDGE
Litecoin
LTC/USD
1H
We can see that a rising wedge takes place, ltcusd wants a more move for the certainty of breakdown.
A rising wedge tends to be a useful bearish signal that can be used to spot that the price to go short once price breakdown occurs.
Ltcusd turns lower towards 53.5 on a breach of 54.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.