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Cryptocurrencies

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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.

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.

Cardano: Descending Triangle

ADA/USD, 4 hours    SHORT 3 days ago
A descending triangle is detected. If price breaks out, the move could identify an extension in the downward direction. A bearish price action to 1.02 is about to happen.

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.

Ethereum: Ascending Channel

ETH/USD, 4 hours    SHORT 3 days ago
An ascending channel has been encountered, ETH/USD requests a more move as a verification of a breakout. Once price breaks down, the resulting move could spot a bearish price move. Extra downside to the 3850 zone is about to happen on a breakdown of the ascending channel as risk reversal sheds bullish bias.

Ethereum: Rectangle

ETH/USD, 4 hours    SHORT 2 days ago
We can see that the price shows a rectangle and ETH/USD lacks a more active move as a clue of a breakdown. A rectangle provides a signal that can be used to identify extending an downtrend when price breaks out. ETH/USD to continue lower to 3800.

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.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT 2 days ago
As we can see an ascending channel is close to being finished and the price breaks out. An ascending channel identifies a price signal that can be used to indicate a sharp decline in case if price breaks down. There is a chance of extra downside towards the 110 level while lower than 115.

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.
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