Open:
High:
Low:
Close:
BULLISH FLAG
Bitcoin
BTC/USD
1D
A bullish flag is almost finished.
A bullish flag describes an indicator that typically predicts price reversal after a pause when price breaks out to the the upside.
A rangebound to 66000 stays on the cards on a breakout of the bullish flag.
FALLING WEDGE
Litecoin
LTC/USD
1D
We can see that a falling wedge is almost finished.
A falling wedge often identifies a next move up when price breaks through the resistance.
A bullish move to the 45 mark is probable as the cryptocurrency probes 44.6 hurdle.
FALLING WEDGE
Ripple
XRP/USD
1D
There is a falling wedge exposed and the price is going to break out now.
If price breaks through the resistance, the move could identify a temporary interruption of an existing trend.
Xrpusd does not rule out a move to 1.05 once beyond 1.02.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1D
It looks like bchusd forms a descending channel.
A descending channel typically predicts a next move up if price breaks above resistance.
Bchusd to look for a further push to 215 on a breakout of the descending channel as the cryptocurrency challenges 212 hurdle.
RECTANGLE
Cardano
ADA/USD
4H
There is a rectangle occuring.
A rectangle often identifies an extension in the upward direction once price breaks through the resistance.
Adausd to maintain its positive tone to 0.182.
SYMMETRICAL TRIANGLE
Bitcoin Cash
BCH/USD
4H
There is a symmetrical triangle detected, bchusd lacks a more bullish move as a verification of a breakout.
In case if price breaks out, the move could predict extending an uptrend.
Bchusd to accomodate to 206.
RECTANGLE
Cardano
ADA/USD
1H
There is a rectangle exposed.
A rectangle typically results in an extension in the upward direction once price breaks through the resistance.
There is a chance of a further rangebound towards the 0.177 zone as minor hurdle remains at 0.1762.
PENNANT
Bitcoin
BTC/USD
1H
There is a pennant determined.
A pennant indicates a bullish price action in case if price breaks out.
Btcusd to resume its rise to 64800 on impulse above 64550 as door open for a test of 64800.
FALLING WEDGE
Bitcoin Cash
BCH/USD
1H
A falling wedge pops up and bchusd expects strong push up as a signal of a breakout.
A falling wedge depicts a specific formation with a downward bias that results in a break during a downtrending market when price breaks out.
Bchusd turns higher towards 204.5.
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