Open:
High:
Low:
Close:
RISING WEDGE
Cardano
ADA/USD
1H
A rising wedge has been detected, the price is going to break out now.
When price collapses through the support line, the move could signal a countertrend succeeding the current trend.
Adausd set to accelerate its decline to the 0.165 zone.
BEARISH FLAG
Ripple
XRP/USD
1H
As we can see the price gives a bearish flag, the price calls for a next bigger move as an indication of a breakdown.
A bearish flag is said to depict a reliable price pattern that is angled up that is used to spot a bearish price action in case if price breakdown occurs.
Xrpusd does not rule out a move to the 1.095 level on a breakout of the bearish flag as xrpusd becomes vulnerable.
DESCENDING TRIANGLE
Bitcoin Cash
BCH/USD
1H
It seems like a descending triangle has been recognized, the price is ready to break out now.
Once price breaks above resistance, the resulting move could predict extending an uptrend.
Bchusd to move upward towards the 211 mark on impulse above 209.8 as bullish momentum increases.
RECTANGLE
Bitcoin
BTC/USD
1H
As we can see a rectangle is close to being finished and the price is close to breaking out soon.
A rectangle is believed to be a bullish price action signal that is used to predict an extension in the upward direction in case if price breaks through the resistance.
Btcusd advances higher towards the 64500 level once beyond 64450.
DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
It looks like the price composes a descending triangle, ethusd wants a further bullish action for clear breakout confirmation.
A descending triangle represents a useful price action signal that often spots an extension in the upward direction in case if price breaks out to the the upside.
There is a chance of a move towards the 1900 mark on a upside break.
ASCENDING TRIANGLE
Bitcoin Cash
BCH/USD
1H
An ascending triangle is very close to being finished and the price is breaking out.
An ascending triangle suggests a compelling bearish price indicator that often results in an extension in the downward direction when price breakdown occurs.
Bchusd to increase bearish potential to 209 as downtrend may continue.
FALLING WEDGE
Litecoin
LTC/USD
4H
There is a falling wedge developing.
In case if price breaks through the resistance, the move could identify a bullish move.
Ltcusd to have better chances of advancing towards 47.
FALLING WEDGE
Ethereum
ETH/USD
1H
It looks like ethusd gives a falling wedge.
A falling wedge spots a bullish move if price breaks through the resistance.
There is a chance of a bullish continuation to 1880 as door open for the continuation of the uptrend.
PENNANT
Bitcoin Cash
BCH/USD
1H
The price completes a pennant, the price is ready to break out soon.
Once price breakdown occurs, the resulting move could spot that the price to go down.
Bchusd to head towards 209 on a breakout of the pennant as door open for a test of 209.
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