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Cryptocurrencies

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Litecoin: Bullish Flag

LTC/USD, 1 hour    LONG Jun 28
There is a bullish flag developing, LTC/USD wants a steady move as a verification of a breakout. A bullish flag provides a bullish price formation that can be used to predict a bullish move if price breaks above resistance. LTC/USD to strengthen towards 85.5 on a upside break.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG Jul 2
ADA/USD completes a descending channel and the price is going to break out soon. A descending channel often identifies a move up if price breaks out. ADA/USD to extend its advance towards 0.56 on a breakout of the descending channel as minor hurdle remains at 0.552.

Ethereum: Ascending Triangle

ETH/USD, 1 hour    SHORT Sep 24
An ascending triangle has been identified. An ascending triangle suggests a useful price indicator that can be used to predict a bearish price move if price breaks out. It is not ruled out that a bearish push down to 4140 will form.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Sep 30
We can see that the price establishes a descending channel, the price is close to breaking out soon. Once price breaks out, the resulting move could spot the bears have run out of steam. Bchusd to recover bullish potential to the 558 zone on a breakout of the descending channel as bulls lurking in demand zone.

Litecoin: Ascending Triangle

LTC/USD, 1 hour    SHORT 4 days ago
It looks like an ascending triangle arises. An ascending triangle often results in a bearish move when price breakdown occurs. Ltcusd risks further decline towards 83.8 as minor hurdle remains at 83.9.

Litecoin: Ascending Channel

LTC/USD, 1 day    SHORT Nov 21
We can see that the price shapes an ascending channel. An ascending channel identifies a signal that can be used to indicate an extension in the downward direction in case if price collapses through the support line. Ltcusd set to accelerate its decline towards 85 on a breakout of the ascending channel.

Cardano: Rectangle

ADA/USD, 1 hour    LONG May 27
A rectangle is close to completion, the price is close to breaking out soon. A rectangle tends to be a compelling bullish chart indicator that is used to predict a sharp rise once price breaks out. ADA/USD aims to complete a retracement towards 0.464 on a breakout of the rectangle.

Bitcoin: Descending Triangle

BTC/USD, 1 hour    LONG Jan 5
The price sets up a descending triangle, BTC/USD demands a next active move to confirm a breakout. When price breaks through the resistance, the resulting move could indicate that the price to go up. BTC/USD advances higher towards 98400 amid the cryptocurrency recovers from recent lows.

Litecoin: Ascending Channel

LTC/USD, 1 hour    SHORT Jun 10
There is an ascending channel encountered, the price is close to breaking out soon. An ascending channel denotes a specific bearish indicator that can be used to spot a break in the price direction once price breaks out to the the downside. LTC/USD accelerates losses to 88 as weakness continues.

Ripple: Ascending Triangle

XRP/USD, 1 hour    LONG Aug 7
An ascending triangle appears. An ascending triangle results in extending an uptrend in case if price breaks out to the the upside. It is not ruled out that a bullish move to 0.52 will occur on a upside break as weakness seen overdone.

Ripple: Descending Triangle

XRP/USD, 1 hour    LONG Dec 24
It seems like a descending triangle is uncovered and the price is ready to break out. A descending triangle denotes a bullish chart signal that can be used to signal a next move up once price breaks above resistance. There is a chance of a bullish continuation to 0.622 on impulse above 0.622.

Ethereum: Rising Wedge

ETH/USD, 4 hours    SHORT 6 days ago
As we can see a rising wedge comes out, ethusd requires a steady move as evidence of a breakout. A rising wedge represents a useful indicator that typically indicates a bearish move once price breaks out. It is possible that a bearish continuation to 3000 will happen as the cryptocurrency nears 3040 hurdle.
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