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Bitcoin Cash: Ascending Channel

BCH/USD, 1 day    SHORT May 20
It seems like an ascending channel has been diagnosed and the price is ready to break out. An ascending channel denotes a bearish signal that predicts a sharp decline in case if price breaks through the support. BCH/USD pulls back towards the 400 zone on a breach of 800 as indicators turn bearish.

Bitcoin Cash: Ascending Channel

BCH/USD, 4 hours    SHORT 4 days ago
It seems like an ascending channel has been noticed, BCH/USD wants a strong move as an information of a breakdown. Once price breaks below support, the resulting move could signal a countertrend succeeding the current trend. There is a probability of a rangebound towards 540.

Ripple: Descending Channel

XRP/USD, 1 hour    LONG 16 hours ago
We can see that a descending channel pops up. In case if price breaks out to the the upside, the move could signal a bullish price action. A rangebound towards 0.65 is likely as door open for a test of 0.65.

Bitcoin: Ascending Channel

BTC/USD, 4 hours    SHORT 4 days ago
The price shapes an ascending channel, the price is about to break out. An ascending channel signals that the price to go down if price breaks down. BTC/USD violates bullish trendline to the 34000 level as door open for a test of 34000.

Cardano: Pennant

ADA/USD, 1 hour    SHORT May 18
As we can see a pennant turns up, the price is ready to break out. A pennant often identifies a next move down if price breaks below support. A move towards 1.9 is about to happen.

Bitcoin Cash: Descending Channel

BCH/USD, 1 day    LONG Apr 3
It seems like a descending channel has been exposed. A descending channel denotes a specific price signal that can be used to spot a sharp rise in case if price breaks through the resistance. There is a probability of a move to 650.

Ripple: Ascending Triangle

XRP/USD, 1 day    LONG Mar 27
An ascending triangle emerges and the price is close to breaking out soon. When price breaks out to the the upside, the move could predict a move up. It is likely that a bullish run to the 0.65 mark will take place on a upside break.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG 16 hours ago
There is a descending channel taking place. If price breaks out, the resulting move could signal a next move up. It is not ruled out that a bullish continuation to 1.4 will take place on a breakout of the descending channel.

Bitcoin Cash: Rising Wedge

BCH/USD, 1 hour    SHORT Jun 7
There is a rising wedge discovered. A rising wedge can be thought of as a technical bearish chart signal that can be used to predict price reversal after a pause if price collapses through the support line. There is a chance of a bearish price action towards the 645 zone.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG May 5
A descending channel is almost done and the price is going to break out soon. A descending channel describes a specific price action indicator that is used to indicate that the price to go up once price breaks through the resistance. ADA/USD to push up towards the 1.36 mark once above 1.33.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG May 5
There is a descending channel arising and ADA/USD demands an active move for clear breakout confirmation. A descending channel denotes a compelling formation that has a downward slope that spots a further move up if price breaks through the resistance. There is a chance of a bullish price action towards the 1.38 mark amid rising bets for the move.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG 14 hours ago
There is a descending channel determined, the price is close to breaking out now. Once price breaks above resistance, the move could spot that the price to go up. A bullish move towards the 480 mark is likely as BCH/USD looks bid.
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