Open:
High:
Low:
Close:
DESCENDING CHANNEL
Cardano
ADA/USD
1H
A descending channel is almost done.
A descending channel is a useful price signal that is used to spot a further move up in case if price breaks out to the the upside.
A rangebound to 0.182 looks likely as downside pressure alleviates.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
The price sets up a descending triangle.
A descending triangle provides a chart signal that can be used to indicate that prices are likely to keep rallying upward once price breaks through the resistance.
Xrpusd now looks towards the 1.17 level as risk reversal sheds bearish bias.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
It looks like a descending triangle emerges, btcusd expects a more bigger bullish move to confirm descending triangle breakout.
When price breaks above resistance, the move could spot that the price to go long.
A bullish move to 75900 looks probable.
BULLISH FLAG
Litecoin
LTC/USD
1H
It seems like a bullish flag has been spotted, the price expects a bit more consolidation to confirm a breakout.
A bullish flag represents a reliable price action pattern that signals a change in price direction when price breaks through the resistance.
Ltcusd to prolong the growth phase towards the 52.5 zone as indicators favor bulls.
FALLING WEDGE
Cardano
ADA/USD
1H
There is a falling wedge recognized, the price breaks out.
A falling wedge spots a bullish price move when price breaks out.
There is a chance of a bullish move towards 0.184.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
We can see that a descending channel has been exposed.
In case if price breaks through the resistance, the resulting move could identify a further move up.
Xrpusd to look for a further push towards the 1.17 zone while above 1.16.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel occurs, btcusd expects a further steady correction as an indication of a breakout.
An ascending channel is considered to be a technical formation that is angled up that typically indicates price reversal after a pause when price breaks out to the the downside.
Btcusd to slump to the 75600 mark as the cryptocurrency keeps the bid tone.
FALLING WEDGE
Bitcoin Cash
BCH/USD
1H
A falling wedge is detected and the price breaks out.
A falling wedge signals a sharp rise in case if price breaks through the resistance.
It is likely that a rangebound to the 260 level will occur.
FALLING WEDGE
Litecoin
LTC/USD
1H
There is a falling wedge appearing, the price is going to break out soon.
A falling wedge is considered to be a useful signal that typically predicts a bearish-to-bullish trend reversal if price breaks through the resistance.
Ltcusd is bullish and en route towards the 52.5 zone on impulse above 52.1 amid rising bets for the move.
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