Open:
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Low:
Close:
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
A descending channel is very close to being completed, the price needs further rise as a clue of a breakout.
A descending channel is considered to be a price action signal that indicates a trend change to the upside in case if price breaks out.
A further rangebound to 216 about to be made once above 214.5 as the cryptocurrency probes 214.5 hurdle.
DESCENDING CHANNEL
Cardano
ADA/USD
4H
Adausd forms a descending channel.
A descending channel depicts a compelling signal that spots a bullish price action when price breaks out.
Adausd turns bullish to the 0.165 level on a break above 0.162 as the cryptocurrency loses bearish momentum.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
There is a descending channel recognized, the price wants a strong move as a verification of a breakout.
A descending channel describes a specific price signal that is used to predict a break during a downtrending market in case if price breaks above resistance.
Bchusd opens door for a move to 216.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
The price shapes a descending channel and the price is ready to break out.
When price breaks out to the the upside, the resulting move could identify a bullish price action.
Bchusd aims to complete a retracement towards the 216 level as there is room for a upside correction.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
A descending channel develops and the price is close to breaking out soon.
A descending channel often signals a next move up once price breaks through the resistance.
Ltcusd embarks on a bullish correction towards 47 as downside pressure seen easing.
BULLISH FLAG
Litecoin
LTC/USD
1H
A bullish flag is very close to being completed and ltcusd requires a bigger move as an information of a breakout.
A bullish flag is believed to be a technical chart pattern with a downward bias that often identifies a downward trend is nearing its end when price breaks out.
There is a chance of a bullish run towards the 47 mark.
ASCENDING TRIANGLE
Ripple
XRP/USD
1D
As we can see an ascending triangle arises and the price requires a further steady move as a clue of a breakout.
If price collapses through the support line, the resulting move could indicate an extension in the downward direction.
A rangebound to 1.05 looks probable on a breakdown of the ascending triangle.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel is close to being complete, the price expects next strong pullback as a signal of a breakdown.
An ascending channel is said to depict a technical price action formation that results in a countertrend succeeding the current trend in case if price breaks below support.
There is a probability of a bearish price action towards 64400 on a break below 64500 as door open for a test of 64400.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
The price establishes an ascending channel.
An ascending channel results in that the price to go down when price breaks through the support.
It is not ruled out that corrective downside to 212 will happen as the cryptocurrency failes to keep gains.
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