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PENNANT
Bitcoin
BTC/USD
1H
It looks like a pennant is close to being completed and btcusd lacks a bigger move as a sign of a breakout.
A pennant typically results in a bullish price move if price breaks through the resistance.
Btcusd to strengthen to the 93000 level on a breakout of the pennant.
BEARISH FLAG
Ripple
XRP/USD
1H
There is a bearish flag emerging, the price expects a further active move to confirm a breakout.
A bearish flag represents a useful bearish chart indicator that typically spots an upward trend is about to reverse into an downward trend when price collapses through the support line.
It is likely that decline to 2.02 will occur on impulse below 2.035.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
As we can see an ascending channel is close to being completed and the price calls for a bearish impulse as a sign of a breakout.
When price breaks through the support, the move could predict that the price to go short.
Btcusd pulls away from recent highs to 89000.
ASCENDING CHANNEL
Ethereum
ETH/USD
4H
We can see that an ascending channel emerges.
An ascending channel denotes a compelling bearish price indicator that can be used to spot price heading to a new direction once price breaks through the support.
Ethusd challenges a move towards the 3100 mark on a breach of 3200.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
As we can see a descending channel is determined.
A descending channel typically indicates price heading to a new direction in case if price breaks out to the the upside.
There is a probability of a rangebound towards 86.
FALLING WEDGE
Ethereum
ETH/USD
1H
There is a falling wedge distinguished and the price calls for a further steady move as a signal of a breakout.
When price breaks through the resistance, the resulting move could indicate that the price will rally further.
Ethusd aims to complete a retracement towards 3300 amid rising bets for the move.
BULLISH FLAG
Cardano
ADA/USD
1H
A bullish flag is very close to being finished and adausd expects a more strong move as an indication of a breakout.
A bullish flag is a compelling chart signal that can be used to signal a trend change to the upside if price breaks out to the the upside.
Adausd points to the upside towards the 0.43 zone on a breakout of the bullish flag.
ASCENDING TRIANGLE
Bitcoin Cash
BCH/USD
1H
It seems like an ascending triangle is close to being completed, the price is ready to break out.
An ascending triangle results in the bears have run out of steam if price breaks above resistance.
There is a chance of a bullish push up towards the 580 zone as the cryptocurrency becomes bid.
FALLING WEDGE
Ripple
XRP/USD
1H
It seems like a falling wedge takes place, xrpusd expects a next impulse up as proof of a breakout.
A falling wedge tends to be a compelling bullish chart pattern that is angled down that identifies a sharp rise once price breaks through the resistance.
It is not ruled out that a bullish run towards 2.06 will take place as downside pressure mitigates.
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