Open:
High:
Low:
Close:
ASCENDING CHANNEL
Cardano
ADA/USD
4H
An ascending channel is distinguished and the price requires more pullback for the certainty of breakout.
In case if price breakdown occurs, the resulting move could signal a next move down.
Adausd hints a change to the downside to 0.24 on a breakdown of the ascending channel as adausd nears 0.242 hurdle.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
An ascending channel is determined.
In case if price breaks out, the resulting move could indicate a next move down.
It is possible that extra downside to 74000 will form as upside pressure mitigates.
RECTANGLE
Ethereum
ETH/USD
4H
We can see that ethusd builds a rectangle, the price is ready to break out.
Once price breaks out to the the downside, the move could indicate a further move down.
Ethusd turns bearish to the 2250 zone on a breakout of the rectangle as there is room for a downside correction.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
We can see that a descending channel pops up and the price demands a bigger bullish impulse as a clue of a breakout.
A descending channel denotes a price signal that often results in that prices are likely to keep rallying upward once price breaks above resistance.
A further bullish move to 76500 is likely on a breach of 76000.
BULLISH FLAG
Bitcoin Cash
BCH/USD
1H
There is a bullish flag developing.
A bullish flag is a specific indicator that is used to indicate a bullish price action when price breaks out to the the upside.
Bchusd to resume its rise to 445 on a breach of 442 as indicators turn bullish.
FALLING WEDGE
Ripple
XRP/USD
1H
There is a falling wedge discovered, the price is breaking out.
A falling wedge provides a compelling price signal that often spots a break during a downtrending market once price breaks through the resistance.
There is a probability of a bullish push up to the 1.46 zone on a upside break as the mood may improve.
BULLISH FLAG
Litecoin
LTC/USD
1H
We can see that a bullish flag has been observed, the price demands a further strong move as a clue of a breakout.
A bullish flag spots a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is not ruled out that a bullish price action to 56 will form as extra rangebound not ruled out.
BULLISH FLAG
Bitcoin
BTC/USD
1H
There is a bullish flag spotted and the price is ready to break out.
A bullish flag identifies that the price to go long if price breaks out.
It is not ruled out that a bullish price action to 76000 will happen.
BULLISH FLAG
Ethereum
ETH/USD
1H
A bullish flag is very close to being finished and ethusd asks for a bit more consolidation as a verification of a breakout.
In case if price breaks above resistance, the move could predict that prices move counter to the prevailing price trend.
Ethusd pushes higher to the 2340 level on a upside break as the cryptocurrency is at a brink of a bullish breakout.
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