Open:
High:
Low:
Close:
DESCENDING CHANNEL
Ripple
XRP/USD
4H
There is a descending channel appearing, the price is breaking out.
A descending channel often spots a trend change to the upside if price breaks through the resistance.
It is not ruled out that a further bullish price action to the 1.95 zone will form on impulse above 1.9.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel coming out and the price is ready to break out.
A descending channel results in a bullish move in case if price breaks out to the the upside.
It is possible that a bullish move to 1.9 will be made once beyond 1.885 as xrpusd probes 1.885 hurdle.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
As we can see btcusd establishes a descending channel.
A descending channel denotes a signal that can be used to predict that the price to go up in case if price breaks out to the the upside.
There is a probability of a move towards 88000 while above 87800.
BEARISH FLAG
Bitcoin
BTC/USD
1D
As we can see a bearish flag is recognized.
Once price breaks through the support, the resulting move could signal a bearish move.
Btcusd embarks on a bearish correction towards 86000 on a breach of 88000.
ASCENDING CHANNEL
Ethereum
ETH/USD
1D
There is an ascending channel coming out, the price expects a next steady correction as a signal of a breakout.
An ascending channel often signals a move down once price breaks through the support.
Ethusd to move downward to the 2800 zone on a breach of 2800.
PENNANT
Ripple
XRP/USD
1D
A pennant is close to being finished.
A pennant predicts the bulls have run out of steam if price breakdown occurs.
Extra downside to 1.8 is going to happen on a breakout of the pennant.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
There is an ascending channel occuring and the price expects a next steady move as a signal of a breakout.
An ascending channel often signals a next move down once price breaks below support.
Ltcusd to prolong the corrective phase towards the 67.5 zone.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
4H
We can see that a descending triangle has been distinguished.
A descending triangle often predicts a bearish price action once price collapses through the support line.
It is likely that a bearish push down towards the 87000 level will occur on impulse below 88200.
BEARISH FLAG
Litecoin
LTC/USD
4H
There is a bearish flag discovered and ltcusd lacks a further bigger move to confirm bearish flag breakdown.
A bearish flag results in a further move down in case if price breaks through the support.
Ltcusd embarks on a bearish correction to 67.
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