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Cardano: Bearish Rectangle

ADA/USD, 1 day    SHORT Jan 9
There is a bearish rectangle recognized and the price is going to break out soon. A bearish rectangle often spots a further move down when price collapses through the support line. Decline to the 1.1 level is probable.

Bitcoin: Descending Channel

BTC/USD, 1 hour    LONG 23 hours ago
As we can see a descending channel is close to being completed. A descending channel results in a bullish move when price breaks out. A move to 36000 is probable on a breach of 35500 as outlook for BTC/USD stays positive.

Litecoin: Symmetrical Triangle

LTC/USD, 1 hour    LONG 16 hours ago
There is a symmetrical triangle spotted. A symmetrical triangle denotes a useful chart indicator that is used to identify the more likely potential of rising prices if price breaks through the resistance. A bullish push up towards the 115 level is on the cards on a breakout of the symmetrical triangle.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG 18 hours ago
BCH/USD establishes a descending channel. A descending channel is a bullish chart signal that can be used to predict that the price to go up if price breaks out. It is possible that a rangebound towards 320 will happen on a breakout of the descending channel.

Ripple: Ascending Triangle

XRP/USD, 1 day    SHORT Jan 5
As we can see an ascending triangle pops up and the price breaks out. An ascending triangle typically results in a bearish price action once price breaks out to the the downside. XRP/USD opens door for a move to 0.7 once below 0.82 as XRP/USD becomes depressed.

Bitcoin: Rectangle

BTC/USD, 4 hours    SHORT 3 days ago
There is a rectangle occuring, the price is going to break out. A rectangle is said to depict a technical bearish chart formation that often predicts the bulls have run out of steam if price breaks out. BTC/USD risks potential downside towards the 41000 mark on a breakdown of the rectangle.

Bitcoin Cash: Rectangle

BCH/USD, 4 hours    SHORT 4 days ago
A rectangle has been identified. A rectangle can be thought of as a useful bearish price action formation that identifies extending an downtrend when price breaks down. BCH/USD risks suffer setback to the 370 zone.

Bitcoin: Descending Triangle

BTC/USD, 4 hours    SHORT 5 days ago
A descending triangle has been exposed and the price is ready to break out. A descending triangle signals prices are likely to keep falling downward in case if price breaks out. There is a probability of extra downside towards 41500 as BTC/USD is at a brink of a bearish breakout.

Ripple: Descending Triangle

XRP/USD, 4 hours    SHORT 5 days ago
As we can see a descending triangle is almost completed and XRP/USD needs a further active move as a signal of a breakout. Once price breaks below support, the move could signal the bulls have run out of steam. XRP/USD turns lower towards 0.75 while lower than 0.756.

Ripple: Ascending Channel

XRP/USD, 1 hour    SHORT 3 days ago
There is an ascending channel determined, the price breaks out now. An ascending channel often predicts the more likely potential of falling prices once price breaks out to the the downside. XRP/USD looks for a setback to 0.72.

Litecoin: Rising Wedge

LTC/USD, 4 hours    SHORT 4 days ago
We can see that LTC/USD composes a rising wedge and the price is ready to break out now. Once price collapses through the support line, the resulting move could predict a change in the prevailing trend. LTC/USD to head towards 135 on a breakout of the rising wedge.

Litecoin: Ascending Channel

LTC/USD, 4 hours    SHORT 5 days ago
The price sets up an ascending channel and the price is breaking out. If price breaks down, the resulting move could identify a bearish price action. It is likely that corrective downside towards the 145 level will be made as there is room for a downside correction.
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