Open:
High:
Low:
Close:
RECTANGLE
Litecoin
LTC/USD
1H
There is a rectangle turning up.
Once price breaks through the support, the move could signal the more likely potential of falling prices.
There is a possibility of a bearish move to 58.8 on a breakout of the rectangle.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is a descending triangle appearing, the price wants an active move as a verification of a breakdown.
A descending triangle tends to be a reliable indicator that can be used to spot the bulls have run out of steam when price breakdown occurs.
It is likely that a bearish continuation to the 2380 zone will take place.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
It seems like an ascending channel develops and bchusd wants a further move to confirm a breakout.
Once price breakdown occurs, the move could spot prices are likely to keep falling downward.
There is a possibility of a rangebound to 276 on a breach of 276.5.
RECTANGLE
Bitcoin
BTC/USD
1H
Btcusd forms a rectangle.
A rectangle is believed to be a technical bearish chart signal that typically indicates a bearish move once price breaks out to the the downside.
There is a chance of a move to 81000 as weakness continues.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel diagnosed, the price lacks bigger fall for clear breakout confirmation.
An ascending channel signals that the price to go short when price breaks through the support.
Ethusd risks extra downside towards the 2380 mark while lower than 2400 amid ethusd recedes from tops.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
There is an ascending triangle poping up and xrpusd needs a move for the certainty of breakdown.
If price collapses through the support line, the resulting move could identify a further move down.
Xrpusd still risks a move to the 1.29 zone.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
We can see that an ascending channel is detected, the price requests a further move as a sign of a breakdown.
If price breaks below support, the resulting move could indicate a bearish price move.
Ltcusd tests a move towards 59 as weakness continues.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
We can see that the price builds an ascending channel.
An ascending channel represents a bearish price action pattern that has an upward slope that predicts a bearish price move once price collapses through the support line.
Btcusd risks extra downside towards 81500 on a breakout of the ascending channel.
FALLING WEDGE
Litecoin
LTC/USD
4H
There is a falling wedge found, the price is breaking out.
A falling wedge often spots the more likely potential of rising prices if price breaks out to the the upside.
A further rangebound to 61 about to be made as the cryptocurrency becomes bid.
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