Open:
High:
Low:
Close:
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
We can see that a descending channel materializes.
In case if price breaks through the resistance, the move could signal a move up.
There is a probability of a bullish push up towards the 65500 mark on a breach of 65300 as btcusd looks bid.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
A descending channel is close to being done.
A descending channel identifies a useful bullish price action indicator that is used to identify a tendency to break in the opposite direction when price breaks through the resistance.
Xrpusd to resume its rise to the 1.12 mark.
RISING WEDGE
Ethereum
ETH/USD
1D
Ethusd establishes a rising wedge and the price calls for a bigger move as proof of a breakdown.
A rising wedge spots an upward trend is about to reverse into an downward trend once price collapses through the support line.
A rangebound towards 1800 is likely on a downside break.
BEARISH FLAG
Bitcoin Cash
BCH/USD
1D
There is a bearish flag developing.
When price breaks down, the move could identify price heading to a new direction.
There is a chance of a bearish run to the 200 level as bchusd becomes weak.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
As we can see btcusd builds a descending channel and btcusd needs a steady move as a signal of a breakout.
Once price breaks out to the the upside, the move could predict a temporary interruption during a falling market.
Btcusd hints a change to the upside to 65500 on a breach of 65300.
FALLING WEDGE
Litecoin
LTC/USD
1H
Ltcusd gives a falling wedge, the price lacks a more move as evidence of a breakout.
A falling wedge denotes a specific bullish price pattern that often identifies extending an uptrend in case if price breaks out to the the upside.
Ltcusd to extend its rebound to 47.
BEARISH FLAG
Bitcoin Cash
BCH/USD
4H
A bearish flag has been determined and the price is ready to break out now.
Once price breakdown occurs, the move could identify a temporary interruption during a rising market.
Bchusd opens door for a move to the 210 mark on a breakout of the bearish flag.
ASCENDING CHANNEL
Cardano
ADA/USD
1H
As we can see an ascending channel is noticed and adausd needs an active bearish continuation as an indication of a breakout.
An ascending channel is a useful price signal that typically predicts a bearish price move once price breaks down.
Adausd opens door for a move to the 0.17 mark as upside pressure alleviates.
ASCENDING TRIANGLE
Litecoin
LTC/USD
1H
There is an ascending triangle revealed, the price calls for more active pullback as an indication of a breakout.
An ascending triangle identifies a technical bearish price action signal that often identifies a sharp decline when price breaks down.
A bearish push down towards the 46.6 level looks possible on a breakout of the ascending triangle as extra rangebound not ruled out.
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