Open:
High:
Low:
Close:
PENNANT
Bitcoin
BTC/USD
1H
There is a pennant arising.
Once price breaks out to the the upside, the move could indicate a move up.
Btcusd could attempt a move to the 93000 zone.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
It seems like a descending triangle emerges and the price is going to break out.
A descending triangle tends to be a technical bullish price action indicator that is used to indicate a sharp rise once price breaks out to the the upside.
A bullish run towards the 2.08 mark is a possibility as xrpusd becomes bullish.
PENNANT
Litecoin
LTC/USD
1H
There is a pennant occuring and the price lacks a next active bullish impulse as an indication of a breakout.
When price breaks out, the move could signal a next move up.
A bullish move towards the 85 mark is likely on a breach of 84.2.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
As we can see an ascending triangle is uncovered, the price is breaking out.
An ascending triangle describes a technical bearish chart pattern that often predicts the more likely potential of falling prices in case if price breaks out.
It is likely that a bearish continuation to the 2.06 mark will form.
RISING WEDGE
Ripple
XRP/USD
4H
We can see that the price creates a rising wedge.
A rising wedge represents a chart pattern with an upward bias that often results in an extension in the downward direction if price breaks out to the the downside.
It is likely that a bearish continuation to 2.05 will form on a breakout of the rising wedge.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
4H
It seems like an ascending channel is almost done.
If price breaks down, the move could spot prices are likely to keep falling downward.
A bearish push down to 570 looks probable as bchusd challenges 574 hurdle.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
An ascending channel takes place and the price breaks out soon.
An ascending channel is said to depict a bearish signal that is used to indicate an extension in the downward direction once price breaks down.
Ltcusd risks extending drop to the 84 zone on a downside break as ltcusd challenges 84.5 hurdle.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
An ascending channel is identified.
If price breaks below support, the move could predict that the price to go down.
It is likely that decline towards the 570 zone will be made on a breakout of the ascending channel.
ASCENDING CHANNEL
Ripple
XRP/USD
1H
There is an ascending channel spotted, the price asks for a more move as evidence of a breakout.
When price breaks out to the the downside, the resulting move could indicate a tendency to break in the opposite direction.
It is possible that a further bearish push down to 2.06 will happen as xrpusd becomes under pressure.
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