Open:
High:
Low:
Close:
RISING WEDGE
Cardano
ADA/USD
1H
There is a rising wedge observed, the price asks for a further bigger move for clear breakout confirmation.
In case if price breakdown occurs, the resulting move could indicate that the price to go down.
Adausd risks a move to the 0.43 zone on a break below 0.434.
PENNANT
Litecoin
LTC/USD
4H
A pennant occurs, the price requests more rise for the certainty of breakout.
A pennant often indicates a sharp rise in case if price breaks out.
Ltcusd pushes higher to the 84 mark.
RISING WEDGE
Ethereum
ETH/USD
1H
It seems like a rising wedge is close to being finished, the price is about to break out now.
A rising wedge provides a compelling bearish chart formation that identifies reversals in uptrends once price collapses through the support line.
Ethusd points to the downside to 3050 on a breakout of the rising wedge as sell-off may continue.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
As we can see an ascending channel is encountered.
An ascending channel describes a technical pattern with an upward bias that often predicts a trend change to the downside once price breaks through the support.
A bearish run to the 580 level looks probable on a breakdown of the ascending channel.
RISING WEDGE
Litecoin
LTC/USD
1H
It looks like a rising wedge comes out.
A rising wedge identifies a reliable bearish price action pattern with an upward bias that indicates a bearish price action if price breaks below support.
Ltcusd set to accelerate its decline to the 82 level on a break below 83.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
It seems like an ascending triangle is close to being done.
An ascending triangle often spots a move down when price breaks out to the the downside.
It is possible that extra downside to 2.08 will form as the cryptocurrency failes to keep gains.
ASCENDING TRIANGLE
Bitcoin Cash
BCH/USD
4H
An ascending triangle happens and the price asks for a bigger correction as an indication of a breakdown.
An ascending triangle denotes a bearish chart formation that is angled up that results in reversals in uptrends in case if price breaks down.
There is a chance of decline towards 570.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
The price forms an ascending channel.
An ascending channel tends to be a compelling chart formation that can be used to signal a move down once price breaks through the support.
It is possible that a further bearish price action to 90000 will occur on a breakout of the ascending channel.
RISING WEDGE
Bitcoin
BTC/USD
1H
It looks like a rising wedge pops up and the price requires a bigger move as proof of a breakdown.
A rising wedge is said to depict a technical chart indicator that often predicts a move down if price breaks out.
It is possible that a bearish push down towards 91000 will occur as bears seeking a new low.
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