Open:
High:
Low:
Close:
Cardano: Falling Wedge
ADA/USD,
1 day
LONG
Nov 2
ADA/USD establishes a falling wedge.
A falling wedge is considered to be a reliable pattern with a downward bias that is used to indicate that the price to go long if price breaks out.
There is a possibility of a bullish continuation towards the 0.38 zone on a breach of 0.355 amid rising bets for the move.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Oct 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.
Bitcoin Cash: Rectangle
BCH/USD,
1 hour
SHORT
Oct 10
There is a rectangle spotted, the price is ready to break out.
If price breaks out, the move could indicate the bulls have run out of steam.
Bchusd does not rule out a move to 565.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
LONG
Jun 30
LTC/USD completes an ascending triangle.
Once price breaks out, the resulting move could predict that prices are likely to keep rallying upward.
A bullish price action to 87 stays on the cards.
Ripple: Symmetrical Triangle
XRP/USD,
1 hour
LONG
Mar 2
It seems like a symmetrical triangle occurs and the price calls for a further strong move as an indication of a breakout.
A symmetrical triangle identifies that the price to go long in case if price breaks through the resistance.
XRP/USD to grind higher to 2.22 amid XRP/USD recovers from recent lows.
Ethereum: Bullish Flag
ETH/USD,
4 hours
LONG
May 7
There is a bullish flag exposed, the price expects a next bigger move as a sign of a breakout.
A bullish flag provides a specific bullish formation that often results in a downward trend is about to reverse into an upnward trend once price breaks above resistance.
ETH/USD to extend its advance to 1840 on a breach of 1820.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Jul 2
There is a descending channel forming, the price is about to break out.
A descending channel identifies extending an uptrend if price breaks out to the the upside.
BTC/USD to prolong the growth phase to 106500 once above 106300 as there is room for a upside correction.
Cardano: Symmetrical Triangle
ADA/USD,
1 hour
SHORT
Apr 12
It looks like a symmetrical triangle is close to being completed and the price is close to breaking out.
A symmetrical triangle suggests a compelling price action pattern that identifies prices are likely to keep falling downward if price breakdown occurs.
A move towards the 0.575 level is likely on a breach of 0.581.
Bitcoin: Rising Wedge
BTC/USD,
4 hours
SHORT
Jun 29
BTC/USD shapes a rising wedge and the price is going to break out.
If price breaks out, the move could spot a bearish price move.
BTC/USD to extend its setback towards 107000.
Bitcoin: Ascending Triangle
BTC/USD,
4 hours
SHORT
Oct 21
An ascending triangle pops up.
An ascending triangle is believed to be a chart pattern that is used to predict a bearish price action in case if price breakdown occurs.
Btcusd could extend its slump towards the 106000 mark.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Jan 26
There is an ascending channel occuring, the price requests strong push down to confirm a breakout.
An ascending channel can be thought of as a compelling pattern that typically identifies a sharp decline when price breaks out to the the downside.
XRP/USD to plummet towards the 3.11 level.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Jul 2
A bullish flag occurs.
A bullish flag often signals a bearish-to-bullish trend reversal if price breaks above resistance.
ETH/USD to strengthen to the 2440 zone on a breach of 2420.