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Cryptocurrencies

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Ripple: Bearish Flag

XRP/USD, 1 hour    SHORT Apr 3
There is a bearish flag determined, the price is breaking out. A bearish flag tends to be an indicator that signals an extension in the downward direction once price breaks out to the the downside. It is not ruled out that extra downside to the 0.505 mark will happen as the cryptocurrency becomes depressed.

Cardano: Ascending Channel

ADA/USD, 1 hour    SHORT 2 days ago
There is an ascending channel discovered, the price requests a bigger correction as proof of a breakout. An ascending channel denotes a useful bearish indicator that is used to predict a bearish price move if price breaks below support. A bearish move towards the 0.65 level is likely to happen as ADA/USD nears 0.66 hurdle.

Ethereum: Descending Triangle

ETH/USD, 1 hour    SHORT Jun 9
As we can see a descending triangle develops, the price is close to breaking out. A descending triangle typically signals a bearish move if price breaks out. There is a possibility of extra downside to 1830 as the cryptocurrency challenges 1834 hurdle.

Bitcoin Cash: Ascending Triangle

BCH/USD, 1 hour    LONG May 14
It seems like the price forms an ascending triangle, BCH/USD requests a further bigger move as a verification of a breakout. An ascending triangle identifies a price action indicator that is used to identify a move up once price breaks above resistance. It is not ruled out that a move towards 114.5 will be made.

Cardano: Ascending Channel

ADA/USD, 1 hour    SHORT Jun 5
An ascending channel takes place and ADA/USD demands a next active bearish action as an indication of a breakout. An ascending channel can be thought of as a specific bearish price formation that is used to identify extending an downtrend when price breaks out. It is not ruled out that a bearish push down to the 0.374 mark will take place as risk reversal sheds bullish bias.

Bitcoin: Ascending Channel

BTC/USD, 1 hour    SHORT Mar 18
An ascending channel is almost finished, BTC/USD calls for next active fall for clear breakout confirmation. An ascending channel often spots prices are likely to keep falling downward if price breaks below support. BTC/USD to plummet towards 66500 on a breach of 67000.

Ripple: Descending Triangle

XRP/USD, 1 hour    SHORT Mar 31
A descending triangle has been revealed and the price is ready to break out soon. A descending triangle tends to be a technical signal that is used to predict a sharp decline if price breaks down. XRP/USD tests a move to 0.52 as the cryptocurrency becomes weaker.

Ripple: Pennant

XRP/USD, 1 hour    SHORT Sep 24
A pennant is diagnosed, XRP/USD calls for a strong bearish move as an information of a breakout. A pennant denotes a chart signal that can be used to identify prices are likely to keep falling downward once price breaks out. XRP/USD to slump towards 0.508 as XRP/USD becomes capped.

Ethereum: Rectangle

ETH/USD, 1 hour    LONG Jun 20
It seems like a rectangle has been uncovered, the price is about to break out. A rectangle describes a technical chart formation that typically results in a bullish move if price breaks out. ETH/USD looks ready to further extend its gains to the 1750 mark on impulse above 1744.

Cardano: Falling Wedge

ADA/USD, 1 hour    LONG Jul 26
We can see that the price gives a falling wedge, the price is ready to break out now. When price breaks out, the resulting move could predict a break in the price direction. There is a possibility of a rangebound towards the 0.304 mark.

Ripple: Rectangle

XRP/USD, 1 hour    LONG Mar 7
As we can see a rectangle has been revealed, the price expects a next bullish impulse as a sign of a breakout. A rectangle often spots a bullish move in case if price breaks out. A further rangebound to the 0.374 zone is on the way as the mood may improve.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Dec 13
A descending channel has been exposed, the price is about to break out soon. A descending channel typically identifies reversals in downtrends if price breaks out to the the upside. LTC/USD could attempt a move towards 72.5.
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