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 Cash: Descending Triangle
BCH/USD,
4 hours
LONG
4 days ago
A descending triangle develops and bchusd needs more active push up for the certainty of breakout.
A descending triangle is believed to be a reliable formation that typically spots a bullish price action if price breaks above resistance.
Bchusd to strengthen towards 560.
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.
Ethereum: Ascending Triangle
ETH/USD,
4 hours
LONG
Jun 30
There is an ascending triangle coming out and the price is about to break out soon.
When price breaks above resistance, the resulting move could indicate that prices are likely to keep rallying upward.
ETH/USD to push up towards the 2520 level while above 2500.
Litecoin: Descending Triangle
LTC/USD,
4 hours
LONG
4 days ago
There is a descending triangle turning up, the price breaks out.
A descending triangle tends to be a bullish chart indicator that can be used to signal the bears have run out of steam once price breaks out.
A rangebound to 84 looks possible once beyond 83.6 amid the cryptocurrency recovers from recent lows.
Cardano: Pennant
ADA/USD,
4 hours
LONG
4 days ago
There is a pennant revealed, the price breaks out now.
A pennant denotes a technical formation that typically results in that the price will rally further in case if price breaks above resistance.
Adausd is bullish and en route towards 0.43 on a breakout of the pennant as weakness seen overdone.
Cardano: Descending Triangle
ADA/USD,
4 hours
LONG
Jun 30
A descending triangle turns up and the price is going to break out.
A descending triangle depicts a technical bullish price action signal that signals that the price to go up once price breaks above resistance.
ADA/USD embarks on a bullish correction to 0.59 as bulls looking for profit.
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.
Bitcoin Cash: Pennant
BCH/USD,
1 day
LONG
Nov 19
The price builds a pennant and bchusd lacks a next steady impulse up as a clue of a breakout.
In case if price breaks above resistance, the move could predict a next move up.
It is likely that a rangebound towards 540 will happen on impulse above 525.
Ripple: Descending Channel
XRP/USD,
1 hour
SHORT
16 hours ago
It seems like a descending channel has been discovered.
A descending channel suggests a chart formation that predicts a bearish price action in case if price breaks down.
There is a chance of a bearish run to 2.12 on a breach of 2.145 as xrpusd keeps the bid tone.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.