Open:
High:
Low:
Close:
DESCENDING CHANNEL
Cardano
ADA/USD
1H
As we can see a descending channel is close to completion, the price asks for a bit more consolidation as a clue of a breakout.
When price breaks out to the the upside, the resulting move could signal a next move up.
A bullish continuation towards the 0.36 zone is probable as door open for a test of 0.36.
ASCENDING TRIANGLE
Litecoin
LTC/USD
1H
There is an ascending triangle revealed.
An ascending triangle is considered to be a bullish price indicator that can be used to spot an extension in the upward direction once price breaks out to the the upside.
Ltcusd looks north to the 71 level.
DESCENDING TRIANGLE
Bitcoin Cash
BCH/USD
4H
Bchusd composes a descending triangle and bchusd asks for a bit more consolidation as evidence of a breakout.
A descending triangle tends to be a price formation that is used to signal that the price to go up in case if price breaks above resistance.
There is a probability of a bullish price action to 600 on a breach of 592 as bchusd is at a brink of a bullish breakout.
DESCENDING CHANNEL
Bitcoin
BTC/USD
4H
We can see that the price establishes a descending channel and btcusd expects a strong bullish impulse for clear breakout confirmation.
A descending channel typically predicts a trend change to the upside when price breaks above resistance.
Btcusd to jump towards 89000 on a breakout of the descending channel.
DESCENDING CHANNEL
Litecoin
LTC/USD
4H
As we can see ltcusd sets up a descending channel and the price breaks out.
A descending channel predicts a next move up when price breaks out.
It is not ruled out that a rangebound to 71 will take place on a break above 70.
DESCENDING CHANNEL
Ethereum
ETH/USD
4H
A descending channel has been detected and ethusd expects a steady move for clear breakout confirmation.
A descending channel depicts a technical indicator that can be used to spot an extension in the upward direction in case if price breaks through the resistance.
It is not ruled out that a bullish push up to the 2950 zone will take place on a breach of 2910.
FALLING WEDGE
Ethereum
ETH/USD
1H
A falling wedge is very close to being finished.
A falling wedge tends to be a bullish price action signal that can be used to signal extending an uptrend in case if price breaks above resistance.
There is a chance of a bullish push up to 2950.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
A descending channel has been recognized and the price asks for rise as an information of a breakout.
If price breaks out, the resulting move could identify a change in price direction.
There is a possibility of a bullish continuation towards the 1.95 zone.
DESCENDING CHANNEL
Cardano
ADA/USD
4H
A descending channel is almost finished.
A descending channel can be thought of as a technical pattern that typically spots that the price to go up in case if price breaks out to the the upside.
It is not ruled out that a rangebound towards the 0.36 level will form on a breakout of the descending channel.
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