Open:
High:
Low:
Close:
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
As we can see a descending channel is spotted.
A descending channel often predicts a pause in a downtrending market when price breaks out.
XRP/USD to grind higher to 0.39 once above 0.384 as the cryptocurrency becomes supported.
Bitcoin: Descending Channel
BTC/USD,
1 hour
SHORT
Dec 11
There is a descending channel appearing, the price wants a more active move for clear breakout confirmation.
A descending channel often results in a bearish price move when price breaks below support.
BTC/USD risks extra losses towards 43500.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Aug 15
There is an ascending channel taking place, the price is close to breaking out now.
An ascending channel often results in that the price to go down if price breakdown occurs.
ETH/USD to extend its setback towards 1820 as ETH/USD nears 1840 hurdle.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Feb 20
There is an ascending channel diagnosed.
An ascending channel often indicates the bulls have run out of steam if price breaks out to the the downside.
A bearish price action to 51600 looks probable while lower than 51800 as there is a chance for a downside correction.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Jun 20
There is a descending channel detected.
A descending channel typically spots the bears have run out of steam in case if price breaks out.
There is a chance of a move towards 78.5 as door open for a test of 78.5.
Litecoin: Symmetrical Triangle
LTC/USD,
1 hour
SHORT
Jun 4
There is a symmetrical triangle found, the price demands pullback to confirm a breakout.
A symmetrical triangle can be thought of as a compelling signal that is used to spot a sharp decline once price breakdown occurs.
LTC/USD risks extra downside towards 95.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jul 13
It seems like a descending channel is almost done.
A descending channel suggests a compelling chart formation that can be used to indicate that the price to go long in case if price breaks above resistance.
ADA/USD to head towards the 0.292 level on a breakout of the descending channel.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Nov 6
There is a descending channel occuring, the price breaks out.
When price breaks through the resistance, the move could identify that the price to go long.
A bullish push up towards 2500 is a possibility on a breakout of the descending channel.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
May 27
A rectangle is close to completion, the price is close to breaking out soon.
A rectangle tends to be a compelling bullish chart indicator that is used to predict a sharp rise once price breaks out.
ADA/USD aims to complete a retracement towards 0.464 on a breakout of the rectangle.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 10
There is an ascending channel encountered, the price is close to breaking out soon.
An ascending channel denotes a specific bearish indicator that can be used to spot a break in the price direction once price breaks out to the the downside.
LTC/USD accelerates losses to 88 as weakness continues.
Ripple: Ascending Triangle
XRP/USD,
1 hour
LONG
Aug 7
An ascending triangle appears.
An ascending triangle results in extending an uptrend in case if price breaks out to the the upside.
It is not ruled out that a bullish move to 0.52 will occur on a upside break as weakness seen overdone.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
30 hours ago
The price builds an ascending triangle and ETH/USD asks for further bigger pullback as evidence of a breakdown.
An ascending triangle provides a bearish price pattern that can be used to signal prices are likely to keep falling downward in case if price breakdown occurs.
ETH/USD to drop to the 3050 level on impulse below 3080.