Open:
High:
Low:
Close:
FALLING WEDGE
Bitcoin Cash
BCH/USD
4H
Bchusd composes a falling wedge, the price demands a further move as a verification of a breakout.
If price breaks out to the the upside, the move could predict extending an uptrend.
There is a chance of a bullish push up towards 290 on a break above 286.
FALLING WEDGE
Ethereum
ETH/USD
1D
A falling wedge has been detected, ethusd calls for a more bullish impulse as evidence of a breakout.
Once price breaks out to the the upside, the resulting move could identify that prices are likely to keep rallying upward.
Ethusd opens door for a move to the 2400 mark once above 2300.
DESCENDING CHANNEL
Cardano
ADA/USD
1D
There is a descending channel revealed, the price is ready to break out.
A descending channel describes a specific bullish price indicator that often results in a further move up once price breaks out to the the upside.
A bullish run towards 0.2 looks likely once above 0.195.
DESCENDING CHANNEL
Bitcoin
BTC/USD
4H
A descending channel is close to being completed.
A descending channel describes a specific bullish price indicator that often signals that the price to go long once price breaks above resistance.
Btcusd embarks on a bullish correction to 79000 as btcusd challenges 78600 hurdle.
DESCENDING CHANNEL
Litecoin
LTC/USD
4H
We can see that a descending channel is almost completed, the price breaks out soon.
A descending channel describes a compelling bullish indicator that can be used to indicate a temporary interruption of an existing trend once price breaks above resistance.
It is not ruled out that a further rangebound to the 56 zone will take place on a breach of 55.2 as outlook for the cryptocurrency stays positive.
ASCENDING TRIANGLE
Ripple
XRP/USD
4H
Xrpusd sets up an ascending triangle.
An ascending triangle describes a price indicator that signals extending an uptrend in case if price breaks out to the the upside.
It is possible that a further bullish price action towards 1.34 will be made as the cryptocurrency probes 1.315 hurdle.
DESCENDING CHANNEL
Cardano
ADA/USD
4H
As we can see the price sets up a descending channel.
A descending channel denotes a specific bullish chart formation that is used to indicate a bullish move in case if price breaks out.
There is a chance of a bullish push up towards 0.194 once above 0.193.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
There is a descending channel occuring and the price wants a further bigger bullish impulse as evidence of a breakout.
A descending channel often indicates that the price to go long in case if price breaks above resistance.
It is likely that a rangebound to 278 will take place as the cryptocurrency resumes the upside.
RECTANGLE
Ethereum
ETH/USD
4H
A rectangle is very close to being completed.
A rectangle provides a bullish price action formation that can be used to indicate extending an uptrend in case if price breaks out to the the upside.
A rangebound towards the 2320 level is on the way.
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