Open:
High:
Low:
Close:
Cardano: Rectangle
ADA/USD,
1 hour
LONG
May 27
A rectangle is close to completion, the price is close to breaking out soon.
A rectangle tends to be a compelling bullish chart indicator that is used to predict a sharp rise once price breaks out.
ADA/USD aims to complete a retracement towards 0.464 on a breakout of the rectangle.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Jan 5
The price sets up a descending triangle, BTC/USD demands a next active move to confirm a breakout.
When price breaks through the resistance, the resulting move could indicate that the price to go up.
BTC/USD advances higher towards 98400 amid the cryptocurrency recovers from recent lows.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 10
There is an ascending channel encountered, the price is close to breaking out soon.
An ascending channel denotes a specific bearish indicator that can be used to spot a break in the price direction once price breaks out to the the downside.
LTC/USD accelerates losses to 88 as weakness continues.
Ripple: Ascending Triangle
XRP/USD,
1 hour
LONG
Aug 7
An ascending triangle appears.
An ascending triangle results in extending an uptrend in case if price breaks out to the the upside.
It is not ruled out that a bullish move to 0.52 will occur on a upside break as weakness seen overdone.
Ripple: Descending Triangle
XRP/USD,
1 hour
LONG
Dec 24
It seems like a descending triangle is uncovered and the price is ready to break out.
A descending triangle denotes a bullish chart signal that can be used to signal a next move up once price breaks above resistance.
There is a chance of a bullish continuation to 0.622 on impulse above 0.622.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Apr 10
A bearish flag is very close to being finished.
In case if price breaks through the support, the move could signal a further move down.
ADA/USD challenges a move to 0.57 once below 0.575 as bears look for entries.
Cardano: Bullish Flag
ADA/USD,
4 hours
LONG
Dec 2
It looks like a bullish flag occurs.
When price breaks out to the the upside, the resulting move could signal a change in price direction.
ADA/USD to resume its rise towards the 0.395 mark.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Mar 21
We can see that ADA/USD establishes a falling wedge, the price needs a next strong move as evidence of a breakout.
A falling wedge suggests a reliable bullish formation that is angled down that is used to identify a next move up in case if price breaks above resistance.
ADA/USD to strengthen towards 0.345.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
SHORT
Mar 9
There is a descending triangle developing and the price is ready to break out soon.
A descending triangle is considered to be a compelling bearish signal that can be used to signal that the price to go down when price breaks through the support.
It is possible that a bearish continuation to 85500 will be made.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Aug 4
There is a rectangle materializing.
A rectangle identifies a compelling bearish pattern that can be used to indicate the more likely potential of falling prices when price breaks down.
LTC/USD set to extend its decline towards the 62 mark on a breach of 62.6.
Litecoin: Rising Wedge
LTC/USD,
1 hour
SHORT
18 hours ago
There is a rising wedge uncovered.
A rising wedge suggests a useful bearish price action signal that often indicates price reversal after a pause once price breaks down.
LTC/USD set to lose more ground to the 83 mark.
Ethereum: Bullish Rectangle
ETH/USD,
1 hour
LONG
Oct 14
It looks like a bullish rectangle has been discovered and ETH/USD needs a bigger bullish continuation as a signal of a breakout.
A bullish rectangle suggests a reliable bullish indicator that is used to predict that the price to go up once price breaks out.
ETH/USD to have better chances of advancing towards 2500 on a breakout of the bullish rectangle.