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Cardano: Descending Channel
ADA/USD,
1 hour
LONG
2 days ago
There is a descending channel poping up.
A descending channel typically indicates a bullish move when price breaks out.
A bullish run towards 0.395 looks likely once beyond 0.392.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Nov 5
We can see that the price gives a descending channel and XRP/USD requests a further steady move for clear breakout confirmation.
A descending channel suggests a specific chart formation with a downward bias that is used to signal a further move up if price breaks out to the the upside.
A bullish run towards the 0.63 zone looks probable.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
SHORT
Apr 6
A descending triangle is nearing completion, the price needs a next strong move to confirm descending triangle breakdown.
A descending triangle is a reliable bearish price formation that can be used to indicate an extension in the downward direction once price breaks below support.
There is a chance of a further rangebound towards the 82000 level on a downside break amid BTC/USD recedes from recent highs.
Ripple: Ascending Triangle
XRP/USD,
1 hour
LONG
Jul 2
We can see that an ascending triangle turns up, XRP/USD lacks a more active impulse up as evidence of a breakout.
An ascending triangle tends to be a useful pattern that signals that prices are likely to keep rallying upward if price breaks out.
XRP/USD could attempt a move towards 2.24 on impulse above 2.23 as downside pressure mitigates.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
4 days ago
A bearish flag is very close to being completed, the price is ready to break out now.
A bearish flag can be thought of as a specific price action pattern that is angled up that often spots a next move down once price breaks through the support.
Adausd to extend its slide towards 0.418 on a breakout of the bearish flag as the cryptocurrency becomes offered.
Bitcoin Cash: Descending Channel
BCH/USD,
4 hours
LONG
Nov 18
It seems like a descending channel is almost done and bchusd requires a more impulse up as evidence of a breakout.
A descending channel depicts a specific indicator that typically identifies a change in the prevailing trend once price breaks out to the the upside.
Bchusd now looks to the 510 zone.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jan 31
It looks like LTC/USD gives an ascending channel and the price needs a more move as proof of a breakdown.
An ascending channel results in price reversal after a pause when price collapses through the support line.
It is possible that a rangebound towards 67 will be made.
Bitcoin Cash: Descending Channel
BCH/USD,
4 hours
LONG
2 days ago
There is a descending channel identified, the price needs a bit more consolidation as proof of a breakout.
A descending channel is a price action indicator that can be used to indicate a further move up if price breaks out to the the upside.
It is possible that a bullish push up to 560 will take place as the wind continues blowing in favor of bchusd.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
Oct 21
Xrpusd develops an ascending channel, xrpusd expects a move as a verification of a breakout.
An ascending channel depicts a specific bearish price signal that spots a further move down if price breakdown occurs.
A further bearish move to 2.4 is probable on a downside break.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
4 days ago
It looks like the price gives a bearish flag, ethusd demands a steady bearish move to confirm bearish flag breakout.
A bearish flag is believed to be a price action indicator that often signals the more likely potential of falling prices when price breaks out to the the downside.
Ethusd turns bearish towards the 3000 level while lower than 3020 as the cryptocurrency loses bullish momentum.
Cardano: Bearish Rectangle
ADA/USD,
1 hour
SHORT
May 27
It seems like a bearish rectangle materializes.
A bearish rectangle is a compelling bearish price action pattern that can be used to spot an extension in the downward direction once price collapses through the support line.
ADA/USD risks suffer setback towards 0.456.
Ripple: Descending Channel
XRP/USD,
1 day
LONG
Nov 7
It seems like a descending channel is detected, the price is going to break out.
A descending channel is believed to be a compelling bullish price indicator that is used to signal a break in the price direction in case if price breaks out to the the upside.
XRP/USD risks a move to the 0.54 zone on a breakout of the descending channel.