Open:
High:
Low:
Close:
DESCENDING CHANNEL
Bitcoin
BTC/USD
4H
As we can see a descending channel is almost finished.
If price breaks out to the the upside, the move could signal a next move up.
It is possible that a further bullish continuation towards 79000 will occur on a upside break.
DESCENDING CHANNEL
Cardano
ADA/USD
4H
As we can see a descending channel has been discovered, adausd needs a strong move as a signal of a breakout.
A descending channel identifies a specific bullish chart formation with a downward bias that is used to spot a bullish price move when price breaks out to the the upside.
There is a probability of a bullish run to the 0.21 level.
RISING WEDGE
Bitcoin
BTC/USD
1H
There is a rising wedge determined and the price breaks out.
A rising wedge denotes a compelling signal that can be used to predict a further move down if price breakdown occurs.
Btcusd to resume its downfall towards 76000.
ASCENDING TRIANGLE
Ripple
XRP/USD
1H
It looks like an ascending triangle is close to being finished.
An ascending triangle depicts a technical bearish chart pattern with an upward bias that can be used to indicate extending an downtrend if price breakdown occurs.
Xrpusd risks potential downside to 1.29.
DESCENDING CHANNEL
Ethereum
ETH/USD
4H
It seems like a descending channel comes out.
A descending channel identifies a compelling chart pattern with a downward bias that results in a bullish price action when price breaks through the resistance.
A bullish continuation towards 2500 is not ruled out while above 2470.
DESCENDING CHANNEL
Litecoin
LTC/USD
4H
There is a descending channel coming out.
If price breaks through the resistance, the move could predict the bears have run out of steam.
Ltcusd to move upward to the 55 zone while above 53.8.
RECTANGLE
Bitcoin Cash
BCH/USD
1H
As we can see a rectangle is close to being complete and the price wants a bullish impulse as a verification of a breakout.
A rectangle often signals extending an uptrend once price breaks out.
Bchusd risks a move to 224.
FALLING WEDGE
Bitcoin Cash
BCH/USD
4H
There is a falling wedge poping up, bchusd asks for a further bigger bullish move as a sign of a breakout.
A falling wedge is a reliable price pattern that can be used to identify a bullish move when price breaks through the resistance.
Bchusd to surge considerably to 225 as weakness seen overdone.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
We can see that xrpusd builds a descending channel and the price wants a further steady move as an information of a breakout.
A descending channel typically predicts reversals in downtrends if price breaks above resistance.
There is a probability of a bullish push up to 1.32 amid the cryptocurrency recovers from recent lows.
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