Open:
High:
Low:
Close:
Bitcoin Cash: Bearish Rectangle
BCH/USD,
1 day
SHORT
Jun 6
Bitcoin Cash: Bearish Rectangle
BCH/USD,
1 day
SHORT
Jun 6
BCH/USD establishes a bearish rectangle and the price needs a strong move as an information of a breakout.
If price collapses through the support line, the move could predict that the price to go short.
It is possible that a bearish run to the 105 level will take place as the cryptocurrency loses bullish momentum.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
Jul 2
As we can see a bearish flag appears and the price lacks a more move as proof of a breakout.
A bearish flag signals extending an downtrend if price breaks out to the the downside.
It is likely that a bearish move towards 3350 will form as bears seeking a new low.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
Apr 19
An ascending channel is almost finished, BCH/USD expects an active move to confirm a breakdown.
In case if price breaks out, the resulting move could predict a further move down.
BCH/USD turns bearish to the 131 zone on a breakout of the ascending channel.
Bitcoin: Rectangle
BTC/USD,
1 hour
LONG
Jun 2
As we can see a rectangle appears, the price requests a strong bullish impulse as a verification of a breakout.
In case if price breaks above resistance, the resulting move could spot a further move up.
BTC/USD to surge considerably to 68000.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 20
An ascending channel is close to being completed and the price needs more strong push down as evidence of a breakdown.
An ascending channel suggests a price action formation that can be used to signal a move down if price collapses through the support line.
A further bearish push down towards 70.6 looks probable.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
Jun 23
There is a rising wedge found.
A rising wedge typically results in reversals in uptrends if price collapses through the support line.
There is a possibility of a further move to 3490.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Nov 21
The price gives an ascending channel, LTC/USD demands a further steady move for clear breakdown confirmation.
An ascending channel suggests a technical price formation that has an upward slope that often identifies a temporary interruption during a rising market once price breaks down.
LTC/USD to plummet towards 68.5 on a breach of 69.1 as indicators favor bears.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 24
It looks like an ascending channel is close to completion.
If price breaks below support, the resulting move could predict a further move down.
LTC/USD to head towards 90.5.
Bitcoin: Symmetrical Triangle
BTC/USD,
1 hour
LONG
Jan 1
It seems like a symmetrical triangle has been diagnosed and the price asks for a next move as a signal of a breakout.
If price breaks through the resistance, the resulting move could identify the more likely potential of rising prices.
BTC/USD embarks on a bullish correction towards the 42800 level.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Nov 9
As we can see a falling wedge has been identified and the price is going to break out.
A falling wedge denotes a compelling bullish chart pattern that has a downward slope that can be used to spot a move up if price breaks above resistance.
There is a probability of a further move towards 0.445.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Dec 22
There is a descending channel taking place, the price is breaking out.
In case if price breaks out to the the upside, the move could predict the bears have run out of steam.
LTC/USD to accomodate towards the 71.5 zone as the mood may improve.