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DESCENDING CHANNEL
Litecoin
LTC/USD
1H
The price forms a descending channel, the price breaks out soon.
A descending channel is said to depict a technical bullish price action formation that is angled down that often identifies a countertrend succeeding the current trend in case if price breaks out to the the upside.
A bullish continuation towards the 46.4 zone is on the way while above 46.25.
FALLING WEDGE
Litecoin
LTC/USD
1H
There is a falling wedge developing and the price lacks a move for clear breakout confirmation.
A falling wedge typically signals a change in price direction if price breaks above resistance.
Ltcusd to extend its advance towards 46.5.
DESCENDING CHANNEL
Cardano
ADA/USD
1H
There is a descending channel appearing, the price lacks a more move as a sign of a breakout.
A descending channel typically results in an interruption of a downtrend if price breaks above resistance.
It is possible that a bullish price action to the 0.164 mark will occur once above 0.163.
FALLING WEDGE
Ripple
XRP/USD
1H
A falling wedge emerges.
A falling wedge is considered to be a reliable bullish pattern that is used to predict a move up in case if price breaks through the resistance.
Xrpusd to grind higher towards 1.1 once above 1.09 as the cryptocurrency looks bid.
FALLING WEDGE
Ethereum
ETH/USD
1H
There is a falling wedge developing, the price calls for a bit more consolidation as a signal of a breakout.
A falling wedge depicts a compelling formation that is angled down that can be used to spot a potential reversal in price action if price breaks through the resistance.
Ethusd to push up towards the 1860 zone on a breakout of the falling wedge.
DESCENDING TRIANGLE
Bitcoin
BTC/USD
1H
A descending triangle has been distinguished, the price requests further bigger push down as proof of a breakdown.
Once price breaks below support, the move could identify the bulls have run out of steam.
It is not ruled out that extra downside towards 63500 will occur.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
Bchusd establishes a descending channel.
A descending channel is considered to be a useful bullish price action pattern with a downward bias that typically signals a bullish move when price breaks out to the the upside.
There is a possibility of a bullish continuation towards the 212 mark.
FALLING WEDGE
Litecoin
LTC/USD
1H
A falling wedge is very close to being finished.
A falling wedge suggests a useful bullish price signal that typically indicates that prices are likely to keep rallying upward in case if price breaks through the resistance.
There is a chance of a move to 47 on a breakout of the falling wedge.
RISING WEDGE
Bitcoin
BTC/USD
1D
There is a rising wedge observed and btcusd lacks more pullback for the certainty of breakdown.
A rising wedge represents a specific bearish chart signal that is used to spot the more likely potential of falling prices if price breakdown occurs.
Btcusd could extend its slump to the 64000 level.
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