We can see that a bearish flag is spotted.
A bearish flag describes a technical bearish price pattern that has an upward slope that typically identifies the more likely potential of falling prices when price breaks through the support.
There is a chance of extra downside towards 2465 on a breakout of the bearish flag.
Litecoin: Ascending Channel
LTC/USD,
1 hour SHORT
Jan 7
4 5 6 7 89698100102104106108110112114116118↓ resistance ↓↑ support ↑breakoutPatterns.ccLTC/USD · 1H · 7 Jan 2025
We can see that an ascending channel is close to being complete, the price is breaking out.
An ascending channel identifies a technical chart signal that often identifies a change in the prevailing trend if price collapses through the support line.
LTC/USD risks further downside towards 110 while below 112 as minor hurdle remains at 112.
A descending triangle is exposed, the price requires a next bigger bullish impulse as a signal of a breakout.
A descending triangle suggests a reliable bullish formation with a downward bias that is used to predict that the price to go long when price breaks out to the the upside.
ETH/USD to prolong the growth phase towards the 1930 level.
Bitcoin: Bearish Flag
BTC/USD,
1 hour SHORT
Jun 11
812:00 912:001012:001112:0066,00066,50067,00067,50068,00068,50069,00069,50070,00070,50071,00071,500↓ resistance ↓↑ support ↑breakoutPatterns.ccBTC/USD · 1H · 11 Jun 2024
BTC/USD gives a bearish flag.
A bearish flag represents a chart pattern that spots price heading to a new direction when price collapses through the support line.
BTC/USD embarks on a bearish correction to 69400 on a breakout of the bearish flag.
Bitcoin: Bullish Flag
BTC/USD,
1 hour LONG
Dec 8
612:00 712:00 812:0041,60041,80042,00042,20042,40042,60042,80043,00043,20043,40043,60043,80044,00044,20044,40044,60044,80045,000↓ resistance ↓↑ support ↑breakoutPatterns.ccBTC/USD · 1H · 8 Dec 2023
It looks like a bullish flag arises, the price is close to breaking out soon.
A bullish flag is believed to be a specific indicator that is used to signal price reversal after a pause if price breaks out.
A rangebound towards the 43600 level is probable on impulse above 43500.
A bearish flag takes place, the price asks for a more active move to confirm bearish flag breakdown.
A bearish flag suggests a compelling signal that can be used to identify a bullish-to-bearish trend reversal when price collapses through the support line.
XRP/USD to slide to 0.5 on a breakout of the bearish flag.
There is a rising wedge uncovered.
A rising wedge suggests a useful bearish price action signal that often indicates price reversal after a pause once price breaks down.
LTC/USD set to lose more ground to the 83 mark.
It looks like a rectangle has been encountered, the price is breaking out.
A rectangle denotes a specific bearish chart formation that can be used to indicate that the price to go short if price breaks through the support.
It is possible that a bearish move to 94 will be made amid rising bets for the move.
Bitcoin Cash: Bearish Rectangle
BCH/USD,
1 day SHORT
Jun 6
20May1020Jun1095100105110115120125130135140↓ resistance ↓↑ support ↑breakoutPatterns.ccBCH/USD · 1D · 6 Jun 2023
Bitcoin Cash: Bearish Rectangle
BCH/USD,
1 day SHORT
Jun 6
20May1020Jun1095100105110115120125130135140↓ resistance ↓↑ support ↑breakoutPatterns.ccBCH/USD · 1D · 6 Jun 2023
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.
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.
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.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.