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Ethereum: Ascending Triangle
ETH/USD,
1 hour
LONG
Nov 9
There is an ascending triangle uncovered and ETH/USD requests a next move as a signal of a breakout.
An ascending triangle typically spots an extension in the upward direction when price breaks above resistance.
There is a chance of a bullish price action towards 1905 while above 1902 as ETH/USD is at a brink of a bullish breakout.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Sep 24
It looks like a bearish flag has been determined.
A bearish flag spots a temporary interruption during a rising market once price breaks down.
It is possible that a bearish move towards the 26560 mark will happen on a breakout of the bearish flag as BTC/USD nears 26560 hurdle.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Sep 7
We can see that a bearish flag materializes.
In case if price breaks down, the resulting move could indicate that the price to go down.
Decline to the 0.252 level about to be made on a breach of 0.254.
Litecoin: Falling Wedge
LTC/USD,
1 hour
LONG
Nov 30
There is a falling wedge spotted, LTC/USD requires a bullish impulse for the certainty of breakout.
A falling wedge predicts the bears have run out of steam when price breaks above resistance.
LTC/USD tests a move towards the 69.6 zone on a breach of 69.4.
Bitcoin: Pennant
BTC/USD,
1 hour
SHORT
Jul 30
A pennant is close to being done and the price is about to break out.
A pennant is believed to be a technical bearish price formation that typically predicts the bulls have run out of steam once price breaks out to the the downside.
Extra downside to the 29300 level is going to happen as upside pressure seen easing.
Ripple: Descending Channel
XRP/USD,
4 hours
LONG
Mar 19
There is a descending channel occuring and XRP/USD expects rise as an indication of a breakout.
A descending channel is believed to be a useful chart pattern with a downward bias that often spots a temporary interruption of an existing trend if price breaks out.
It is possible that a rangebound to 0.39 will occur as door open for the continuation of the uptrend.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Apr 19
The price establishes an ascending channel and the price asks for a more move as a signal of a breakdown.
If price breaks through the support, the move could spot that the price to go down.
LTC/USD to continue lower towards the 100 level.
Ripple: Ascending Channel
XRP/USD,
4 hours
SHORT
Dec 30
It seems like an ascending channel appears, the price demands a more bigger move as an indication of a breakdown.
In case if price collapses through the support line, the resulting move could spot a further move down.
It is not ruled out that corrective downside to 0.61 will happen as gains remain capped.
Bitcoin Cash: Descending Triangle
BCH/USD,
1 hour
SHORT
May 8
As we can see a descending triangle pops up and the price calls for a more steady move to confirm descending triangle breakout.
If price breaks out, the move could signal that the price to go short.
BCH/USD to prolong the corrective phase to the 115.5 zone on impulse below 115.8 as upside pressure mitigates.
Cardano: Rectangle
ADA/USD,
4 hours
LONG
Feb 27
There is a rectangle recognized, the price breaks out soon.
A rectangle depicts a pattern that often predicts extending an uptrend if price breaks above resistance.
There is a possibility of a bullish continuation towards the 0.63 mark.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Apr 12
There is an ascending triangle encountered, the price breaks out now.
An ascending triangle tends to be a useful bearish pattern that can be used to spot a temporary interruption of an existing trend if price collapses through the support line.
There is a possibility of a move to 70000.
Cardano: Descending Triangle
ADA/USD,
1 day
LONG
Oct 23
There is a descending triangle turning up, the price is about to break out soon.
If price breaks out to the the upside, the resulting move could predict a sharp rise.
There is a chance of a bullish run towards 0.265 on a breach of 0.262 as ADA/USD resumes the upside.