Open:
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Low:
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Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Feb 26
We can see that a descending channel pops up.
When price breaks out, the resulting move could identify a next move up.
LTC/USD dives out bearish trendline to the 72 zone.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
4 days ago
We can see that a rectangle is close to completion, the price is going to break out.
A rectangle tends to be a chart signal that results in a move down when price breakdown occurs.
Xrpusd to maintain its negative tone to the 2.18 zone on a breach of 2.184 as xrpusd becomes offered.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Mar 4
It seems like a rectangle is close to being finished and LTC/USD requests further bigger push down as a sign of a breakout.
A rectangle tends to be a compelling bearish indicator that identifies a move down once price breaks out.
There is a probability of a move to the 89 zone.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 2
It looks like a descending channel is close to being completed, ETH/USD asks for a more active impulse up as a sign of a breakout.
In case if price breaks through the resistance, the resulting move could signal a temporary interruption of an existing trend.
It is possible that a bullish price action to 2480 will occur on a breach of 2455 as downside pressure alleviates.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Jun 19
BCH/USD sets up a descending channel, BCH/USD lacks a strong bullish action for clear breakout confirmation.
Once price breaks above resistance, the resulting move could predict a break in the price direction.
BCH/USD to increase bullish potential towards the 107 mark amid the cryptocurrency reclaims part of the ground lost.
Ripple: Pennant
XRP/USD,
1 hour
SHORT
Apr 12
The price builds a pennant.
A pennant often indicates a next move down once price breaks below support.
XRP/USD turns bearish to the 0.605 zone on a breach of 0.608.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
May 8
A descending channel is identified.
When price breaks out to the the upside, the resulting move could indicate a bullish move.
There is a chance of a bullish continuation towards 1860 on a breach of 1840.
Ripple: Rectangle
XRP/USD,
1 hour
LONG
Oct 15
A rectangle is almost completed, the price is going to break out.
A rectangle depicts a bullish formation that is used to identify extending an uptrend if price breaks above resistance.
XRP/USD to look for a further push to 0.489 on a breach of 0.488 as the mood may improve.
Litecoin: Bearish Flag
LTC/USD,
4 hours
SHORT
6 days ago
There is a bearish flag identified.
A bearish flag signals a further move down if price breaks out to the the downside.
Ltcusd risks suffer setback to 84 as ltcusd becomes bearish.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Jul 2
We can see that a descending channel is nearing completion, BTC/USD calls for a next active move as a sign of a breakout.
A descending channel can be thought of as a compelling price action pattern that often spots a move up in case if price breaks out.
BTC/USD to have better chances of advancing to the 106500 zone.
Cardano: Descending Triangle
ADA/USD,
1 hour
LONG
Mar 29
There is a descending triangle taking place, the price is ready to break out.
A descending triangle typically identifies the more likely potential of rising prices when price breaks above resistance.
A bullish price action towards 0.65 is on the cards while above 0.646 amid rising bets for the move.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
5 days ago
There is an ascending channel spotted and ltcusd requires a move to confirm ascending channel breakdown.
An ascending channel identifies a specific bearish chart signal that is used to predict a move down if price breaks out to the the downside.
A further move towards 84 is a possibility on a breakdown of the ascending channel.