Open:
High:
Low:
Close:
RISING WEDGE
Bitcoin
BTC/USD
1H
There is a rising wedge observed, the price is ready to break out soon.
Once price breaks down, the resulting move could indicate a change in the prevailing trend.
There is a probability of a bearish run to 68000.
RECTANGLE
Bitcoin
BTC/USD
4H
We can see that a rectangle is exposed.
A rectangle often spots a move up in case if price breaks through the resistance.
A bullish price action to 70000 is possible.
FALLING WEDGE
Bitcoin Cash
BCH/USD
1H
We can see that the price builds a falling wedge.
A falling wedge identifies a next move up once price breaks through the resistance.
It is not ruled out that a bullish push up towards 465 will be made as downside pressure seen easing.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
An ascending channel has been detected and bchusd needs a bigger move as an information of a breakout.
An ascending channel often spots that the price to go down when price breaks through the support.
There is a probability of corrective downside towards the 455 mark.
RECTANGLE
Litecoin
LTC/USD
1H
A rectangle is very close to being finished, the price requires steady rise as proof of a breakout.
A rectangle provides a chart signal that can be used to signal a next move up when price breaks out to the the upside.
Ltcusd to move up towards the 54.4 mark as door open for a test of 54.4.
DESCENDING CHANNEL
Ethereum
ETH/USD
4H
The price gives a descending channel, the price asks for a more bigger move as proof of a breakout.
A descending channel typically indicates that prices are likely to keep rallying upward if price breaks out to the the upside.
A move towards 2150 stays on the cards on a breakout of the descending channel.
DESCENDING CHANNEL
Cardano
ADA/USD
4H
The price builds a descending channel, adausd needs a bigger move as proof of a breakout.
A descending channel is said to depict a useful bullish price signal that is used to signal a downward trend is nearing its end once price breaks above resistance.
Adausd aims to complete a retracement to 0.255 on a breakout of the descending channel as outlook for adausd stays positive.
BULLISH FLAG
Cardano
ADA/USD
1H
There is a bullish flag exposed, adausd demands a bigger bullish impulse as a verification of a breakout.
When price breaks above resistance, the resulting move could indicate that prices move counter to the prevailing price trend.
It is possible that a bullish run to 0.25 will take place.
FALLING WEDGE
Cardano
ADA/USD
4H
A falling wedge is close to completion, the price is going to break out soon.
A falling wedge depicts a price signal that typically predicts a sharp rise if price breaks above resistance.
Adausd to maintain its positive tone to 0.25 once above 0.246 as the cryptocurrency is at a brink of a bullish breakout.
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