Open:
High:
Low:
Close:
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
A descending channel is close to being completed, ltcusd requests a more active move as an indication of a breakout.
A descending channel is believed to be a technical bullish formation that indicates a potential bullish reversal in price action if price breaks out.
It is likely that a bullish price action towards 55 will happen.
BULLISH FLAG
Ethereum
ETH/USD
1H
It seems like a bullish flag is nearing completion, the price is ready to break out.
A bullish flag results in reversals in downtrends once price breaks through the resistance.
Ethusd does not rule out a move to 2100 once above 2070 as ethusd loses bearish momentum.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
A descending channel has been found.
When price breaks above resistance, the resulting move could spot that the price to go up.
A move towards 465 looks possible.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
As we can see a descending channel is observed.
In case if price breaks out to the the upside, the move could predict a bullish price action.
It is possible that a further bullish price action towards the 465 level will form.
BEARISH FLAG
Bitcoin
BTC/USD
4H
The price creates a bearish flag, the price calls for a steady correction as an indication of a breakout.
A bearish flag is considered to be a useful bearish chart pattern that often results in reversals in uptrends in case if price collapses through the support line.
Btcusd to fall to 68000 on a breach of 68600.
ASCENDING CHANNEL
Cardano
ADA/USD
4H
An ascending channel is distinguished.
An ascending channel can be thought of as a price signal that can be used to spot a bearish price move if price breaks below support.
It is possible that a further bearish price action towards 0.25 will happen as the cryptocurrency nears 0.254 hurdle.
RECTANGLE
Bitcoin
BTC/USD
1H
As we can see the price completes a rectangle, the price calls for more active pullback as an indication of a breakout.
A rectangle depicts a bearish price action formation that is used to predict the more likely potential of falling prices in case if price collapses through the support line.
There is a probability of decline towards the 70000 zone.
DESCENDING TRIANGLE
Ethereum
ETH/USD
1H
A descending triangle is close to being done, the price is going to break out.
A descending triangle often predicts a sharp decline when price breaks down.
Ethusd to maintain its negative tone towards 2140 on a breach of 2144.
PENNANT
Ripple
XRP/USD
4H
There is a pennant developing and xrpusd requests a further bearish continuation as a clue of a breakout.
In case if price breaks below support, the move could identify the bulls have run out of steam.
Xrpusd challenges a move to 1.38.
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