Open:
High:
Low:
Close:
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
An ascending channel has been identified.
If price breaks through the support, the move could signal a bearish move.
Ltcusd risks further decline towards 53.5 while below 54.
RISING WEDGE
Bitcoin
BTC/USD
1H
There is a rising wedge coming out.
A rising wedge describes a useful bearish signal that signals a next move down in case if price breaks below support.
Btcusd risks extra downside to 68000.
RISING WEDGE
Cardano
ADA/USD
1H
There is a rising wedge appearing and the price needs a more bigger move to confirm rising wedge breakout.
A rising wedge often predicts a next move down if price breakdown occurs.
A further rangebound towards 0.25 is about to happen once below 0.254 as bears look for entries.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
An ascending channel is noticed.
An ascending channel is believed to be a compelling bearish price formation that has an upward slope that is used to indicate a bearish move when price breaks below support.
A further bearish push down to 445 is on the way as bchusd is at a brink of a bearish breakout.
DESCENDING TRIANGLE
Bitcoin Cash
BCH/USD
4H
As we can see a descending triangle has been uncovered, the price is about to break out now.
A descending triangle often indicates a further move up in case if price breaks through the resistance.
Bchusd to move upward to 460 once above 450.
RECTANGLE
Litecoin
LTC/USD
1H
There is a rectangle identified.
A rectangle describes a useful price pattern that results in that prices are likely to keep rallying upward in case if price breaks through the resistance.
Ltcusd to have better chances of advancing to 54.5.
RECTANGLE
Cardano
ADA/USD
1H
There is a rectangle appearing.
Once price breaks above resistance, the move could predict a bullish price action.
Adausd to increase bullish potential towards 0.26.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
There is a descending channel diagnosed, the price expects a strong move as proof of a breakout.
When price breaks above resistance, the move could predict a move up.
There is a possibility of a bullish move towards the 452 mark.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
It looks like a descending triangle is close to being finished, xrpusd requests more steady push up as an indication of a breakout.
A descending triangle typically indicates that prices are likely to keep rallying upward in case if price breaks above resistance.
Xrpusd to move up towards the 1.36 level on a breach of 1.356 as indicators turn bullish.
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