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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: Ascending Triangle
ADA/USD,
1 hour
SHORT
19 hours ago
It looks like an ascending triangle occurs and the price calls for a next strong move as a verification of a breakout.
An ascending triangle often indicates a change in the prevailing trend when price breaks down.
There is a probability of a move towards 0.465 amid ADA/USD recedes from recent highs.
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.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Mar 4
It seems like a rectangle is close to being finished and LTC/USD requests further bigger push down as a sign of a breakout.
A rectangle tends to be a compelling bearish indicator that identifies a move down once price breaks out.
There is a probability of a move to the 89 zone.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Jun 19
BCH/USD sets up a descending channel, BCH/USD lacks a strong bullish action for clear breakout confirmation.
Once price breaks above resistance, the resulting move could predict a break in the price direction.
BCH/USD to increase bullish potential towards the 107 mark amid the cryptocurrency reclaims part of the ground lost.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Apr 12
The price builds a pennant.
A pennant often indicates a next move down once price breaks below support.
XRP/USD turns bearish to the 0.605 zone on a breach of 0.608.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
2 days ago
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Oct 15
A rectangle is almost completed, the price is going to break out.
A rectangle depicts a bullish formation that is used to identify extending an uptrend if price breaks above resistance.
XRP/USD to look for a further push to 0.489 on a breach of 0.488 as the mood may improve.
Cardano: Descending Triangle
ADA/USD,
1 hour
LONG
Mar 29
There is a descending triangle taking place, the price is ready to break out.
A descending triangle typically identifies the more likely potential of rising prices when price breaks above resistance.
A bullish price action towards 0.65 is on the cards while above 0.646 amid rising bets for the move.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Oct 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.