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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.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
There is a descending channel exposed, the price is ready to break out now.
A descending channel often results in that the price will rally further if price breaks above resistance.
It is likely that a rangebound to 0.39 will occur on a breach of 0.387 as XRP/USD is at a brink of a bullish breakout.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Jul 13
There is a bullish flag coming out.
A bullish flag identifies a move up once price breaks through the resistance.
ADA/USD hints a change to the upside towards 0.292 on a breach of 0.291.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Sep 19
There is a descending channel encountered.
A descending channel identifies a useful bullish chart pattern that is used to spot a change in the prevailing trend when price breaks out to the the upside.
There is a probability of a bullish price action towards 2500.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Dec 11
There is an ascending channel found and the price is about to break out now.
An ascending channel identifies a compelling chart pattern with an upward bias that is used to predict extending an downtrend once price breaks out to the the downside.
It is likely that a bearish push down to 2320 will form while below 2330.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Dec 10
There is a rectangle encountered.
In case if price breaks out to the the downside, the move could indicate a sharp decline.
BTC/USD to continue the dereciation trend to the 43600 level while below 43650.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 13
As we can see a descending channel has been recognized, the price wants a next move to confirm descending channel breakout.
A descending channel suggests a bullish pattern that is angled down that can be used to signal a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is not ruled out that a bullish continuation towards the 1890 zone will form on impulse above 1886 as indicators favor bulls.
Litecoin: Bullish Flag
LTC/USD,
4 hours
LONG
Jun 30
LTC/USD gives a bullish flag.
If price breaks above resistance, the resulting move could spot a downward trend is nearing its end.
LTC/USD aims to complete a retracement to the 88 level.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Dec 24
As we can see a descending channel has been distinguished, the price requests a further strong bullish impulse for the certainty of breakout.
A descending channel describes a compelling indicator that results in that prices move counter to the prevailing price trend if price breaks out to the the upside.
There is a probability of a bullish run to the 0.624 mark as the cryptocurrency probes 0.622 hurdle.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Sep 9
There is a bearish flag recognized, the price requires a further active bearish impulse as an information of a breakdown.
A bearish flag can be thought of as a specific chart formation that typically signals a bearish move in case if price collapses through the support line.
ADA/USD set to lose more ground to 0.2535 as ADA/USD is at a brink of a bearish breakout.