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BULLISH FLAG
Cardano
ADA/USD
1H
Adausd shapes a bullish flag, the price is about to break out.
A bullish flag depicts a bullish price action signal that often signals price heading to a new direction if price breaks out.
It is possible that a bullish run to the 0.1665 zone will be made.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
We can see that an ascending channel comes out and the price is ready to break out.
If price breaks below support, the resulting move could indicate a bearish price action.
Ltcusd set to fall to the 47 zone.
ASCENDING CHANNEL
Litecoin
LTC/USD
1H
As we can see an ascending channel materializes.
An ascending channel is considered to be a useful bearish price signal that often indicates a tendency to break in the opposite direction in case if price collapses through the support line.
Ltcusd to move downward towards 47 on a breakout of the ascending channel as the cryptocurrency sticks to the negative mood.
ASCENDING TRIANGLE
Cardano
ADA/USD
1H
As we can see an ascending triangle is close to completion and adausd expects a strong move to confirm ascending triangle breakout.
An ascending triangle suggests a compelling signal that predicts a further move down if price collapses through the support line.
It is likely that decline towards the 0.164 level will take place on a breakout of the ascending triangle as adausd becomes weaker.
DESCENDING TRIANGLE
Ripple
XRP/USD
1H
A descending triangle emerges and xrpusd expects a strong move as an information of a breakout.
When price breaks out to the the upside, the resulting move could spot that the price to go long.
It is not ruled out that a bullish run towards the 1.105 mark will be made.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
Bchusd develops a descending channel.
When price breaks through the resistance, the resulting move could signal a break during a downtrending market.
Bchusd to look for a further push towards the 212 level on a breach of 211.4 amid rising bets for the move.
FALLING WEDGE
Bitcoin
BTC/USD
4H
As we can see the price builds a falling wedge.
If price breaks through the resistance, the move could predict that the price to go long.
There is a probability of a bullish price action to the 65000 zone on a breakout of the falling wedge as weakness seen overdone.
RISING WEDGE
Ethereum
ETH/USD
1H
There is a rising wedge revealed, the price requires a further strong move as a clue of a breakout.
A rising wedge suggests a useful bearish signal that often identifies that the price to go short once price breaks through the support.
Ethusd to increase bearish potential towards the 1870 mark on a breakdown of the rising wedge as upside pressure seen easing.
RISING WEDGE
Bitcoin
BTC/USD
1H
We can see that a rising wedge is close to being finished.
Once price collapses through the support line, the move could identify an extension in the downward direction.
Btcusd is at risk of extending its slump to the 64400 zone.
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