Open:
High:
Low:
Close:
Bitcoin: Rectangle
BTC/USD,
1 hour
LONG
Oct 19
A rectangle happens and the price is breaking out.
In case if price breaks through the resistance, the move could spot a bullish price action.
Btcusd to grind higher towards the 107400 zone once above 107350 as the cryptocurrency looks bid.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
20 hours ago
The price composes an ascending channel and adausd requires a further bigger move as a signal of a breakout.
An ascending channel typically predicts an upward trend is nearing its end in case if price breaks out to the the downside.
It is likely that extra downside to the 0.44 zone will be made.
Cardano: Bearish Rectangle
ADA/USD,
1 hour
SHORT
Feb 24
There is a bearish rectangle emerging and the price expects a more move to confirm bearish rectangle breakout.
A bearish rectangle is believed to be a compelling price pattern that often spots that the price to go down once price breaks out to the the downside.
ADA/USD to move back towards 0.755.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
SHORT
Sep 21
A descending triangle is close to being finished.
A descending triangle often indicates that the price to go down when price collapses through the support line.
Btcusd to suffer further downside to 115200 as risk reversal sheds bullish bias.
Litecoin: Falling Wedge
LTC/USD,
1 hour
LONG
Dec 1
A falling wedge is close to completion and the price is close to breaking out.
A falling wedge provides a bullish chart indicator that is used to spot a bullish move when price breaks through the resistance.
It is likely that a rangebound to 103 will happen on a breach of 102.4 as weakness seen overdone.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Nov 5
It seems like the price forms a descending channel, the price expects a further steady move to confirm descending channel breakout.
A descending channel denotes a technical price action indicator that results in a bullish move once price breaks through the resistance.
ETH/USD to continue the appreciation trend towards 2480.
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
Mar 15
It seems like the price forms a rectangle, the price calls for a bigger correction to confirm a breakdown.
A rectangle tends to be a reliable price pattern that often identifies a bearish move in case if price collapses through the support line.
A move towards the 3700 mark is a possibility.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Sep 30
There is a bearish flag occuring.
A bearish flag is said to depict a specific price action formation that has an upward slope that indicates a move down when price breaks out.
It is likely that a move to 65500 will take place on a break below 65540.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Feb 26
There is a descending channel distinguished, the price requires next steady push up as an indication of a breakout.
If price breaks out, the resulting move could spot a break in the price direction.
It is likely that a further move towards 52000 will form.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
As we can see a descending channel is spotted.
A descending channel often predicts a pause in a downtrending market when price breaks out.
XRP/USD to grind higher to 0.39 once above 0.384 as the cryptocurrency becomes supported.
Ripple: Descending Triangle
XRP/USD,
4 hours
LONG
Apr 21
A descending triangle materializes and the price breaks out now.
A descending triangle typically signals a temporary interruption during a falling market once price breaks out.
XRP/USD could attempt a move to 2.1 on a break above 2.08.
Ripple: Rising Wedge
XRP/USD,
1 hour
SHORT
Jan 26
A rising wedge is almost finished and the price lacks a more impulse down for the certainty of breakout.
A rising wedge depicts a specific bearish price action indicator that spots a potential reversal in price action if price breaks through the support.
A bearish price action to the 3.11 zone about to be made on a break below 3.115.