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Bitcoin: Ascending Channel

BTC/USD, 1 hour    SHORT Jan 12
1112:001212:001312:0089,00089,50090,00090,50091,00091,50092,00092,50093,00093,50094,00094,50095,00095,50096,000↓ resistance ↓↑ support ↑breakoutBTC/USD · 1H · 12 Jan 2025
An ascending channel is close to completion, BTC/USD expects a more strong bearish impulse as an information of a breakdown. An ascending channel represents a bearish formation that often spots a bearish price move when price breaks down. There is a possibility of a bearish continuation towards the 93500 mark on a breakout of the ascending channel as indicators turn bearish.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jan 2
12:00202412:00 212:00 3 4 5636465666768697071727374757677↓ resistance ↓↑ support ↑breakoutLTC/USD · 1H · 2 Jan 2024
It looks like an ascending channel is revealed and LTC/USD requires next active fall as a clue of a breakdown. An ascending channel represents a useful bearish price action formation with an upward bias that is used to predict price heading to a new direction in case if price breakdown occurs. LTC/USD risks further downside towards 72 once below 73.2 as LTC/USD probes 73.2 hurdle.

Bitcoin: Ascending Triangle

BTC/USD, 1 hour    SHORT Jun 23
2212:002312:002462,20062,40062,60062,80063,00063,20063,40063,60063,80064,00064,20064,40064,600↓ resistance ↓↑ support ↑breakoutBTC/USD · 1H · 23 Jun 2024
There is an ascending triangle turning up, the price wants a bigger correction to confirm a breakdown. An ascending triangle is believed to be a useful price action formation that is used to predict a sharp decline once price breaks down. It is likely that corrective downside to the 64300 zone will take place on a breakout of the ascending triangle as bears seeking a new low.

Ethereum: Ascending Channel

ETH/USD, 1 hour    SHORT Jan 7
412:00 512:00 612:00 712:00 83,3003,3503,4003,4503,5003,5503,6003,6503,7003,750↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 7 Jan 2025
There is an ascending channel forming. An ascending channel indicates a break during an uptrending market if price collapses through the support line. It is possible that a bearish run towards the 3640 zone will form as the cryptocurrency keeps the bid tone.

Cardano: Ascending Channel

ADA/USD, 4 hours    SHORT Mar 28
20250.620.630.640.650.660.670.680.690.700.710.720.730.740.750.760.770.78↓ resistance ↓↑ support ↑breakoutADA/USD · 4H · 28 Mar 2025
There is an ascending channel encountered. An ascending channel depicts a specific indicator that is used to identify a move down in case if price breakdown occurs. It is possible that a bearish push down towards the 0.7 level will occur as the mood may get worse.

Bitcoin: Ascending Triangle

BTC/USD, 1 hour    LONG Apr 25
12:002512:002612:0026,60026,80027,00027,20027,40027,60027,80028,00028,20028,40028,60028,80029,00029,20029,40029,60029,80030,00030,20030,400↓ resistance ↓↑ support ↑breakoutBTC/USD · 1H · 25 Apr 2023
We can see that an ascending triangle is close to being complete and the price is ready to break out. An ascending triangle is considered to be a technical bullish price action formation that is used to indicate a further move up if price breaks out. BTC/USD to continue higher towards 27800 as the cryptocurrency challenges 27650 hurdle.

Litecoin: Descending Channel

LTC/USD, 1 hour    LONG Jun 29
2712:002812:002912:003080828486889092949698100102104↓ resistance ↓↑ support ↑breakoutLTC/USD · 1H · 29 Jun 2023
There is a descending channel occuring. A descending channel is considered to be a bullish price signal that can be used to spot that prices are likely to keep rallying upward in case if price breaks out. LTC/USD to look for a further push towards 86 as the cryptocurrency sticks to the positive mood.

Ethereum: Ascending Triangle

ETH/USD, 1 hour    SHORT Jun 5
312:00 412:00 512:001,7601,7701,7801,7901,8001,8101,8201,8301,8401,8501,8601,8701,8801,8901,9001,9101,920↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 5 Jun 2023
An ascending triangle is distinguished, the price is ready to break out. An ascending triangle is a technical price action indicator that results in that the price to go short once price breaks out to the the downside. There is a chance of a bearish price action to the 1895 zone while lower than 1896.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jul 3
212:00 312:00 468.068.569.069.570.070.571.071.572.072.573.073.574.074.575.075.576.076.577.0↓ resistance ↓↑ support ↑breakoutLTC/USD · 1H · 3 Jul 2024
As we can see an ascending channel appears and the price requests a next steady move as a verification of a breakout. An ascending channel can be thought of as a useful signal that is used to spot a break in the price direction in case if price breaks out. LTC/USD tests a move to the 74.5 mark on a breach of 75.

Ethereum: Ascending Triangle

ETH/USD, 1 hour    SHORT 15 hours ago
412:00 512:001,7401,7501,7601,7701,7801,7901,8001,8101,8201,8301,840↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 5 Apr 2025
An ascending triangle pops up and the price demands bigger fall as a signal of a breakout. An ascending triangle typically results in a bearish price action in case if price collapses through the support line. ETH/USD turns lower to 1800.

Ripple: Ascending Triangle

XRP/USD, 4 hours    SHORT Apr 11
5 6 7 8 9101112130.400.420.440.460.480.500.520.540.560.580.600.620.640.66↓ resistance ↓↑ support ↑breakoutXRP/USD · 4H · 11 Apr 2024
There is an ascending triangle uncovered, XRP/USD expects further steady fall as an information of a breakout. An ascending triangle suggests a compelling bearish chart signal that is used to predict prices are likely to keep falling downward in case if price breaks out. It is likely that a bearish move to 0.6 will be made amid rising bets for the move.

Ripple: Descending Channel

XRP/USD, 1 hour    LONG Jan 10
12:00 912:001012:001112:000.5400.5450.5500.5550.5600.5650.5700.5750.5800.5850.5900.5950.6000.6050.6100.6150.6200.6250.630↓ resistance ↓↑ support ↑breakoutXRP/USD · 1H · 10 Jan 2024
It seems like a descending channel has been noticed. When price breaks out to the the upside, the move could signal that the price to go up. It is not ruled out that a further move to the 0.575 mark will form on a breach of 0.57.
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