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Cardano: Descending Triangle

ADA/USD, 4 hours    LONG Jul 10
A descending triangle is almost done, the price is close to breaking out now. A descending triangle results in a bullish price action if price breaks out. ADA/USD to jump towards the 0.295 level on a break above 0.289.

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.

Bitcoin: Descending Channel

BTC/USD, 4 hours    LONG Feb 26
A descending channel emerges and BTC/USD expects a more bigger move for clear breakout confirmation. A descending channel denotes a bullish indicator that is used to spot a bullish move in case if price breaks out to the the upside. It is not ruled out that a bullish push up to the 51800 zone will occur as the mood may improve.

Ethereum: Ascending Channel

ETH/USD, 1 hour    SHORT Jun 30
An ascending channel occurs and the price is ready to break out now. An ascending channel typically results in extending an downtrend once price breaks through the support. There is a chance of decline towards the 2420 level as bears looking for profit.

Cardano: Bullish Rectangle

ADA/USD, 1 hour    LONG Oct 19
There is a bullish rectangle identified, adausd expects more push up as an information of a breakout. A bullish rectangle denotes a bullish price action signal that can be used to identify a next move up in case if price breaks above resistance. It is possible that a bullish move towards 0.645 will form as bulls seeking a new high.

Ethereum: Rectangle

ETH/USD, 4 hours    SHORT Oct 9
There is a rectangle poping up, the price is ready to break out now. A rectangle signals the more likely potential of falling prices when price breaks out. Ethusd embarks on a bearish correction to 4400 on a breach of 4440.

Ripple: Ascending Triangle

XRP/USD, 4 hours    LONG Aug 18
It looks like an ascending triangle is close to being done. When price breaks above resistance, the resulting move could spot extending an uptrend. XRP/USD targets a move to 0.485 on a break above 0.48.

Cardano: Rising Wedge

ADA/USD, 4 hours    SHORT 6 days ago
A rising wedge is discovered, the price is ready to break out. If price breaks below support, the resulting move could indicate prices are likely to keep falling downward. Adausd to extend its setback towards the 0.425 zone.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Oct 9
There is a descending channel arising, the price requests a further steady move as a signal of a breakout. A descending channel is considered to be a compelling price action formation that has a downward slope that often identifies a downward trend is about to reverse into an upnward trend when price breaks out to the the upside. It is possible that a bullish price action towards 120 will be made as there is a chance for a upside correction.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jul 3
An ascending channel is found and the price is going to break out soon. An ascending channel often results in an extension in the downward direction once price breaks through the support. It is not ruled out that a rangebound to the 74 level will happen while lower than 74.3.

Ripple: Descending Triangle

XRP/USD, 1 hour    LONG 2 days ago
It looks like a descending triangle is nearing completion and xrpusd requires a next bullish move as a signal of a breakout. A descending triangle often signals a next move up once price breaks out to the the upside. A bullish move to the 2.04 mark is probable.

Ripple: Falling Wedge

XRP/USD, 1 hour    LONG Apr 21
A falling wedge is spotted. A falling wedge can be thought of as a specific indicator that spots a bullish price move when price breaks above resistance. It is likely that a move towards the 2.1 level will form.
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