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BEARISH FLAG
Bitcoin
BTC/USD
1H
The price shapes a bearish flag, the price breaks out now.
A bearish flag typically signals a next move down when price breaks out.
Btcusd to extend its slide towards the 63500 mark as bears looking for downside correction.
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
As we can see an ascending triangle pops up.
An ascending triangle depicts a technical indicator that is used to predict a bearish price move if price breaks down.
Ethusd set to plunge towards 1880 while lower than 1900.
RECTANGLE
Bitcoin Cash
BCH/USD
1H
A rectangle has been determined and the price breaks out soon.
A rectangle represents a bearish price signal that identifies prices are likely to keep falling downward when price breakdown occurs.
Bchusd targets a move to the 209 zone while below 210.
BEARISH FLAG
Bitcoin Cash
BCH/USD
1H
A bearish flag is close to being complete and the price is ready to break out.
In case if price breaks below support, the resulting move could signal a countertrend succeeding the current trend.
Bchusd pulls back towards 211 amid bchusd recedes from tops.
BEARISH FLAG
Cardano
ADA/USD
1H
It looks like adausd forms a bearish flag, the price needs a bigger correction as a signal of a breakout.
When price breaks out, the move could signal extending an downtrend.
Adausd looks south towards 0.162 as the cryptocurrency failes to keep gains.
RECTANGLE
Bitcoin
BTC/USD
1H
A rectangle has been detected, btcusd asks for bigger rise as a sign of a breakout.
A rectangle represents a reliable bullish formation that is used to signal an extension in the upward direction if price breaks out to the the upside.
There is a possibility of a move towards 64200 on impulse above 64100 as btcusd nears 64100 hurdle.
ASCENDING TRIANGLE
Bitcoin Cash
BCH/USD
4H
An ascending triangle is very close to being completed and the price is about to break out.
An ascending triangle typically indicates the more likely potential of falling prices in case if price breaks out to the the downside.
There is a possibility of a bearish continuation towards 212.
RECTANGLE
Litecoin
LTC/USD
4H
A rectangle is spotted.
Once price breaks through the support, the resulting move could identify a next move down.
Ltcusd does not rule out a move towards the 45.5 mark on a breach of 45.8.
SYMMETRICAL TRIANGLE
Litecoin
LTC/USD
1H
A symmetrical triangle arises, the price expects a further steady move as evidence of a breakout.
Once price breaks through the support, the move could signal a sharp decline.
It is likely that a bearish price action towards 46 will be made on a break below 46.2.
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