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BEARISH FLAG
Bitcoin
BTC/USD
1H
There is a bearish flag revealed and the price breaks out.
A bearish flag identifies a bearish indicator that is used to signal a pause in an uptrending market once price breakdown occurs.
There is a chance of a bearish push down to 66000.
BEARISH FLAG
Ethereum
ETH/USD
1H
A bearish flag turns up, the price wants more pullback as evidence of a breakout.
A bearish flag is said to depict a useful price signal that can be used to indicate a bearish price move in case if price breaks out.
Ethusd could attempt a move to 2000 as outlook for ethusd stays negative.
BEARISH FLAG
Ripple
XRP/USD
1H
It looks like a bearish flag appears, the price breaks out soon.
Once price breaks through the support, the resulting move could signal an upward trend is nearing its end.
There is a chance of corrective downside towards 1.33.
RISING WEDGE
Cardano
ADA/USD
1H
There is a rising wedge exposed and the price is ready to break out.
A rising wedge typically spots that the price to go down in case if price breaks below support.
A bearish move to the 0.248 mark is likely on a breach of 0.25.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
It seems like a descending channel appears.
A descending channel predicts a move up in case if price breaks out.
There is a chance of a move to 55 on a upside break as ltcusd challenges 54.7 hurdle.
FALLING WEDGE
Cardano
ADA/USD
1H
There is a falling wedge coming out, adausd calls for a strong move for the certainty of breakout.
A falling wedge can be thought of as a specific bullish signal that spots a bullish move once price breaks out.
Adausd does not rule out a move towards 0.252 on a breakout of the falling wedge.
PENNANT
Ethereum
ETH/USD
1H
We can see that a pennant pops up, the price requests a more move as a clue of a breakout.
A pennant typically signals a bullish price action if price breaks out to the the upside.
A bullish price action towards the 2020 level is not ruled out.
FALLING WEDGE
Ripple
XRP/USD
4H
It seems like a falling wedge is close to being complete and xrpusd needs a bit more consolidation as proof of a breakout.
A falling wedge typically identifies a further move up when price breaks out to the the upside.
It is not ruled out that a move to the 1.36 level will occur.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle pops up, the price is close to breaking out.
A descending triangle is said to depict a signal that predicts a next move up if price breaks out.
Xrpusd to look for a further push to the 1.35 mark on a breakout of the descending triangle.
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