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Cryptocurrencies

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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.

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.

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.

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 Channel

ADA/USD, 4 hours    LONG Nov 6
There is a descending channel turning up, ADA/USD lacks a more active bullish move as a clue of a breakout. A descending channel identifies a bullish indicator that typically indicates a bullish price action if price breaks out. ADA/USD is bullish and en route towards the 0.36 mark as the wind continues blowing in favor of ADA/USD.

Ethereum: Descending Triangle

ETH/USD, 1 day    LONG Nov 7
It looks like a descending triangle is found and ETH/USD wants a steady move to confirm descending triangle breakout. A descending triangle describes a compelling bullish indicator that often results in that prices are likely to keep rallying upward when price breaks above resistance. A rangebound to 2700 is possible on a breakout of the descending triangle.

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: 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.
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