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ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
As we can see an ascending triangle emerges.
An ascending triangle provides a reliable chart indicator that is used to signal that the price to go short if price breaks down.
Ethusd to increase bearish potential towards the 3110 zone on a breach of 3114.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
There is an ascending triangle noticed, the price asks for a next move as proof of a breakout.
An ascending triangle tends to be a reliable bearish price action indicator that can be used to spot a further move down if price breakdown occurs.
There is a probability of a bearish push down to the 2 mark on a breach of 2.02.
BEARISH FLAG
Cardano
ADA/USD
1H
There is a bearish flag coming out and adausd asks for further bigger pullback as evidence of a breakdown.
A bearish flag typically spots prices are likely to keep falling downward when price breaks out to the the downside.
It is possible that a further bearish price action towards 0.408 will occur on a downside break.
DESCENDING TRIANGLE
Litecoin
LTC/USD
1H
As we can see a descending triangle has been recognized.
A descending triangle often predicts a bullish price move if price breaks through the resistance.
Ltcusd to move up towards 82.
DESCENDING TRIANGLE
Cardano
ADA/USD
1H
There is a descending triangle taking place and the price is close to breaking out.
A descending triangle often predicts a bullish price move once price breaks out to the the upside.
There is a probability of a bullish continuation to the 0.415 level on impulse above 0.41 as minor hurdle remains at 0.41.
FALLING WEDGE
Bitcoin Cash
BCH/USD
1H
Bchusd establishes a falling wedge and the price demands a more move to confirm a breakout.
Once price breaks out to the the upside, the move could spot a next move up.
It is possible that a bullish run to 580 will take place once beyond 577 as downside pressure seen easing.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
4H
It looks like a descending channel appears and the price requests a further move to confirm descending channel breakout.
A descending channel tends to be a specific bullish price action pattern that typically predicts a bullish price action when price breaks through the resistance.
A bullish price action to the 590 level is not ruled out on a breakout of the descending channel.
ASCENDING TRIANGLE
Litecoin
LTC/USD
1H
There is an ascending triangle revealed, the price is about to break out soon.
If price breaks down, the resulting move could identify a bearish price action.
Ltcusd risks suffer setback to the 80 zone.
SYMMETRICAL TRIANGLE
Ethereum
ETH/USD
1H
It seems like a symmetrical triangle comes out.
In case if price breakdown occurs, the resulting move could signal a sharp decline.
Ethusd to continue the dereciation trend to 3050 on a break below 3100 as ethusd keeps the bid tone.
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