Open:
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Low:
Close:
Cardano: Descending Channel
ADA/USD,
1 day
LONG
Nov 7
There is a descending channel distinguished.
When price breaks out to the the upside, the resulting move could predict that the price to go up.
A bullish move to 0.36 stays on the cards as uptrend may continue.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Nov 7
It seems like a descending channel is detected, the price is going to break out.
A descending channel is believed to be a compelling bullish price indicator that is used to signal a break in the price direction in case if price breaks out to the the upside.
XRP/USD risks a move to the 0.54 zone on a breakout of the descending channel.
Cardano: Falling Wedge
ADA/USD,
1 day
LONG
Nov 2
ADA/USD establishes a falling wedge.
A falling wedge is considered to be a reliable pattern with a downward bias that is used to indicate that the price to go long if price breaks out.
There is a possibility of a bullish continuation towards the 0.38 zone on a breach of 0.355 amid rising bets for the move.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Mar 29
There is a descending triangle encountered and LTC/USD expects a further bigger move as an information of a breakout.
A descending triangle tends to be a reliable bullish chart pattern that is used to signal the more likely potential of rising prices once price breaks out to the the upside.
It is likely that a further bullish run to 95 will happen.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Jun 20
It seems like a descending channel is revealed and BCH/USD lacks a next bigger bullish move to confirm descending channel breakout.
Once price breaks through the resistance, the move could spot that the price to go up.
BCH/USD to head towards the 107 zone on a breach of 106.8 as bulls seeking a new high.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Jun 20
A descending channel is nearing completion and the price is close to breaking out now.
When price breaks above resistance, the resulting move could indicate a next move up.
BCH/USD does not rule out a move to 107 on a breakout of the descending channel as the wind continues blowing in favor of BCH/USD.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
LONG
17 hours ago
There is an ascending triangle detected.
An ascending triangle indicates a sharp rise when price breaks above resistance.
There is a possibility of a move towards the 94000 zone on a breach of 93800.
Litecoin: Pennant
LTC/USD,
1 day
LONG
Nov 10
As we can see the price composes a pennant, LTC/USD lacks a bigger move as a sign of a breakout.
A pennant indicates a move up if price breaks above resistance.
LTC/USD does not rule out a move towards 76.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
May 20
A descending channel arises, ETH/USD calls for a next move for clear breakout confirmation.
A descending channel is said to depict a compelling bullish price action indicator that often signals a breakout higher once price breaks out to the the upside.
It is not ruled out that a bullish push up to 3140 will take place on a upside break.
Ethereum: Pennant
ETH/USD,
1 hour
LONG
15 hours ago
A pennant is close to being done, ETH/USD requires a strong bullish impulse as a clue of a breakout.
When price breaks above resistance, the resulting move could signal that prices are likely to keep rallying upward.
There is a probability of a bullish push up towards 3140 on a breach of 3125.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Feb 26
We can see that a descending channel pops up.
When price breaks out, the resulting move could identify a next move up.
LTC/USD dives out bearish trendline to the 72 zone.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Mar 4
It seems like a rectangle is close to being finished and LTC/USD requests further bigger push down as a sign of a breakout.
A rectangle tends to be a compelling bearish indicator that identifies a move down once price breaks out.
There is a probability of a move to the 89 zone.