Open:
High:
Low:
Close:
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
As we can see a descending channel is almost completed and ethusd requires a next bigger move as a clue of a breakout.
If price breaks out to the the downside, the move could identify prices are likely to keep falling downward.
There is a probability of further decline to 2225.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
There is a descending triangle detected, the price demands a steady move for the certainty of breakout.
Once price breakdown occurs, the resulting move could predict extending an downtrend.
Xrpusd does not rule out a move towards the 1.15 mark once below 1.155 as xrpusd becomes offered.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
There is an ascending triangle coming out, the price breaks out now.
An ascending triangle identifies a reliable chart signal that can be used to spot that the price to go short in case if price collapses through the support line.
There is a probability of a bearish move towards 75800 as there is a chance of further weakness.
RECTANGLE
Cardano
ADA/USD
1H
There is a rectangle found.
In case if price breaks out, the move could indicate a sharp decline.
Adausd opens door for a move to the 0.179 mark on a break below 0.1796 as adausd becomes depressed.
SYMMETRICAL TRIANGLE
Ethereum
ETH/USD
1H
There is a symmetrical triangle coming out.
A symmetrical triangle identifies that the price to go long if price breaks out.
It is likely that a rangebound to 2245 will happen on a breach of 2240 as door open for a test of 2245.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
There is a descending triangle identified and the price requests a next active bearish action to confirm descending triangle breakdown.
If price breaks down, the resulting move could spot an extension in the downward direction.
It is not ruled out that a bearish price action towards 1.155 will be made as there is room for a downside correction.
SYMMETRICAL TRIANGLE
Bitcoin
BTC/USD
1H
There is a symmetrical triangle noticed and btcusd expects a move for clear breakout confirmation.
A symmetrical triangle identifies a compelling indicator that can be used to identify that the price to go long once price breaks out.
A bullish push up to 76000 is likely.
DESCENDING TRIANGLE
Litecoin
LTC/USD
1H
It seems like a descending triangle has been discovered and the price is going to break out.
Once price breaks out to the the downside, the move could identify a bearish price move.
There is a probability of a bearish continuation to the 51.6 mark on a breach of 51.8 as ltcusd becomes bearish.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is a descending triangle coming out and the price is ready to break out soon.
A descending triangle is believed to be a bullish formation that is used to spot that the price to go long once price breaks through the resistance.
A further bullish run to 2240 is possible.
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