Open:
High:
Low:
Close:
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
A descending channel forms.
When price breaks above resistance, the resulting move could spot a temporary interruption during a falling market.
Ltcusd risks a move towards 51 while above 50.7.
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
There is a descending channel arising.
A descending channel represents a technical pattern that has a downward slope that often results in a bullish move in case if price breaks out to the the upside.
A bullish run towards 51 is possible on a breakout of the descending channel.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
As we can see a descending channel arises.
A descending channel represents a compelling bullish indicator that can be used to indicate a next move up once price breaks out to the the upside.
Btcusd advances higher towards 76500 on a upside break as downside pressure mitigates.
FALLING WEDGE
Bitcoin Cash
BCH/USD
1H
Bchusd composes a falling wedge, bchusd calls for a steady move to confirm a breakout.
A falling wedge often predicts that the price to go up when price breaks out.
Bchusd points to the upside to the 225 zone once beyond 222.
FALLING WEDGE
Bitcoin Cash
BCH/USD
4H
A falling wedge is very close to being finished, bchusd demands further rise as an indication of a breakout.
A falling wedge is a bullish price action pattern that can be used to signal a break during a downtrending market in case if price breaks out.
There is a probability of a bullish price action to 230 as bulls look for entries.
DESCENDING CHANNEL
Ethereum
ETH/USD
1H
As we can see the price shapes a descending channel.
A descending channel is considered to be a useful bullish chart indicator that often spots that the price to go up if price breaks above resistance.
It is likely that a further bullish move towards 2450 will happen on a breach of 2410 as the cryptocurrency challenges 2410 hurdle.
RISING WEDGE
Litecoin
LTC/USD
1D
It looks like a rising wedge has been detected and ltcusd needs a further bearish continuation as a verification of a breakout.
A rising wedge depicts a technical price action pattern that predicts a trend change to the downside once price breaks out.
Ltcusd now looks towards 45 on a breach of 51 as minor hurdle remains at 51.
ASCENDING CHANNEL
Cardano
ADA/USD
1D
An ascending channel is observed and the price calls for further fall as a sign of a breakdown.
If price breaks down, the resulting move could identify a further move down.
It is possible that a bearish push down towards the 0.18 mark will occur on a breakout of the ascending channel.
RECTANGLE
Bitcoin Cash
BCH/USD
1H
A rectangle happens and the price is ready to break out soon.
A rectangle results in a further move down when price breakdown occurs.
Extra downside to 218 is likely on a breach of 220.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.