Open:
High:
Low:
Close:
SYMMETRICAL TRIANGLE
Bitcoin
BTC/USD
1H
There is a symmetrical triangle discovered and the price is ready to break out now.
A symmetrical triangle suggests a technical indicator that often results in a bullish price action if price breaks through the resistance.
There is a chance of a bullish continuation to the 74000 zone on a breakout of the symmetrical triangle amid the cryptocurrency reclaims part of the ground lost.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
An ascending channel emerges.
If price breaks through the support, the resulting move could spot a bearish price move.
A move towards 2010 looks probable.
BEARISH FLAG
Bitcoin Cash
BCH/USD
1H
There is a bearish flag uncovered, the price is about to break out soon.
A bearish flag is said to depict a reliable bearish price action formation that is used to indicate the more likely potential of falling prices when price breaks out.
There is a chance of a further bearish continuation to the 295 zone as bchusd becomes depressed.
BULLISH FLAG
Cardano
ADA/USD
1H
There is a bullish flag distinguished.
A bullish flag identifies a specific price formation that has a downward slope that is used to signal a bullish price move in case if price breaks out.
Adausd to move up to the 0.238 level.
BULLISH RECTANGLE
Litecoin
LTC/USD
1H
There is a bullish rectangle coming out and the price is going to break out soon.
When price breaks out to the the upside, the move could spot an extension in the upward direction.
A bullish run towards the 52.4 mark is a possibility.
DESCENDING CHANNEL
Litecoin
LTC/USD
4H
There is a descending channel recognized.
A descending channel results in a next move up when price breaks through the resistance.
A bullish price action towards the 53 level stays on the cards.
DESCENDING CHANNEL
Cardano
ADA/USD
4H
There is a descending channel diagnosed, adausd demands a move as a sign of a breakout.
A descending channel is a specific formation that is used to predict that the price to go long in case if price breaks through the resistance.
There is a possibility of a bullish push up towards the 0.24 level.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle is encountered.
A descending triangle represents a reliable chart formation that has a downward slope that is used to identify a bullish price action when price breaks out to the the upside.
Xrpusd turns higher to 1.34 on impulse above 1.328.
RISING WEDGE
Litecoin
LTC/USD
1H
There is a rising wedge encountered.
A rising wedge is said to depict a price signal that indicates reversals in uptrends in case if price breaks out.
Ltcusd to continue the dereciation trend to 51.5 on a breakout of the rising wedge.
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