Open:
High:
Low:
Close:
DESCENDING CHANNEL
Ethereum
ETH/USD
4H
It looks like a descending channel develops, the price requests a further steady move as proof of a breakout.
A descending channel represents a specific price formation that is angled down that typically indicates that the price to go up when price breaks out to the the upside.
Ethusd to continue higher to 2150 on a breakout of the descending channel.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
A descending channel turns up and xrpusd calls for next bigger rise to confirm a breakout.
If price breaks through the resistance, the resulting move could indicate extending an uptrend.
Xrpusd to push up to the 1.38 level on a breakout of the descending channel as the cryptocurrency challenges 1.36 hurdle.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is a descending channel emerging.
In case if price breaks out to the the upside, the resulting move could identify a break in the price direction.
Btcusd aims to complete a retracement towards the 76000 level on a break above 75600 as door open for a test of 76000.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
A descending channel is almost completed and the price is ready to break out now.
A descending channel is said to depict a chart formation that can be used to identify a bullish price move when price breaks through the resistance.
A rangebound to 1.36 stays on the cards on a breakout of the descending channel.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
There is a descending channel turning up and the price requires a move to confirm descending channel breakout.
A descending channel depicts a compelling price signal that predicts a bullish move if price breaks through the resistance.
A bullish move towards the 53 zone is not ruled out on a break above 52.6 amid ltcusd recovers from recent lows.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
As we can see a descending channel is almost completed.
A descending channel typically signals a further move up once price breaks out to the the upside.
Xrpusd looks north to 1.34 once beyond 1.33 as the mood may improve.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1D
There is an ascending channel exposed, btcusd demands a further active move as a signal of a breakout.
An ascending channel tends to be a useful bearish price action indicator that signals a change in the prevailing trend in case if price breaks below support.
A bearish price action towards 74000 is a possibility.
RECTANGLE
Litecoin
LTC/USD
1D
There is a rectangle coming out and the price lacks a next move as a verification of a breakdown.
A rectangle denotes a useful signal that typically signals a next move down in case if price breakdown occurs.
There is a chance of a rangebound to 52.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is a descending triangle arising.
A descending triangle results in a sharp decline if price breaks below support.
A rangebound to the 2100 zone stays on the cards.
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