Open:
High:
Low:
Close:
Bitcoin: Rectangle
BTC/USD,
1 hour
LONG
Jun 2
As we can see a rectangle appears, the price requests a strong bullish impulse as a verification of a breakout.
In case if price breaks above resistance, the resulting move could spot a further move up.
BTC/USD to surge considerably to 68000.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Nov 21
It looks like the price shows a descending channel.
A descending channel provides a useful indicator that can be used to identify that the price to go long once price breaks out.
It is likely that a bullish continuation to the 0.82 level will occur.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 20
An ascending channel is close to being completed and the price needs more strong push down as evidence of a breakdown.
An ascending channel suggests a price action formation that can be used to signal a move down if price collapses through the support line.
A further bearish push down towards 70.6 looks probable.
Bitcoin: Descending Triangle
BTC/USD,
4 hours
SHORT
Dec 3
A descending triangle is almost completed and the price is ready to break out now.
A descending triangle indicates that the price to go short once price collapses through the support line.
BTC/USD tests a move towards 94000 as gains remain capped.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
Jun 23
There is a rising wedge found.
A rising wedge typically results in reversals in uptrends if price collapses through the support line.
There is a possibility of a further move to 3490.
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
Mar 28
There is an ascending channel revealed, the price is going to break out now.
An ascending channel results in an extension in the downward direction if price breaks through the support.
ADA/USD looks for a setback to 0.72 on a breakout of the ascending channel.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Nov 21
The price gives an ascending channel, LTC/USD demands a further steady move for clear breakdown confirmation.
An ascending channel suggests a technical price formation that has an upward slope that often identifies a temporary interruption during a rising market once price breaks down.
LTC/USD to plummet towards 68.5 on a breach of 69.1 as indicators favor bears.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 24
It looks like an ascending channel is close to completion.
If price breaks below support, the resulting move could predict a further move down.
LTC/USD to head towards 90.5.
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.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
3 days ago
We can see that a rectangle comes out and the price is about to break out.
A rectangle suggests a technical pattern that can be used to predict that the price to go short if price breaks below support.
It is possible that a move to the 2.06 mark will be made on impulse below 2.07.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jan 7
As we can see an ascending channel is close to being complete.
An ascending channel suggests a technical formation that often predicts a further move down once price breaks down.
It is likely that extra downside towards the 3660 zone will occur.