Open:
High:
Low:
Close:
RECTANGLE
Litecoin
LTC/USD
4H
A rectangle forms.
A rectangle denotes a bullish price action indicator that is used to spot that the price will rally further if price breaks out to the the upside.
Ltcusd to prolong the growth phase towards 57 on a breach of 56.6.
ASCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
We can see that an ascending channel is exposed.
An ascending channel often predicts extending an downtrend when price breaks down.
Corrective downside towards 474 stays on the cards.
RISING WEDGE
Litecoin
LTC/USD
1H
There is a rising wedge encountered.
A rising wedge spots a temporary interruption during a rising market once price breaks out to the the downside.
There is a probability of a bearish run to the 56.4 level.
ASCENDING TRIANGLE
Bitcoin Cash
BCH/USD
1H
There is an ascending triangle encountered and bchusd requests an active move for clear breakout confirmation.
An ascending triangle results in a sharp decline once price breaks out.
Bchusd to nosedive to 476 once below 477.5.
DESCENDING CHANNEL
Bitcoin
BTC/USD
4H
A descending channel is very close to being completed.
If price breaks above resistance, the resulting move could spot an interruption of a downtrend.
Btcusd to surge considerably to the 72000 level.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
As we can see a descending channel is close to completion and btcusd needs a next steady move to confirm descending channel breakout.
A descending channel provides a compelling bullish price action pattern that has a downward slope that can be used to identify a break during a downtrending market if price breaks through the resistance.
A bullish continuation to 71500 is probable on a break above 71200.
DESCENDING CHANNEL
Ripple
XRP/USD
4H
There is a descending channel exposed, xrpusd needs a more strong move as proof of a breakout.
A descending channel often identifies a next move up in case if price breaks out to the the upside.
Xrpusd to jump to 1.44.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
It seems like a descending channel has been revealed, xrpusd asks for further bigger push up as a clue of a breakout.
When price breaks above resistance, the resulting move could identify a tendency to break in the opposite direction.
Xrpusd targets a move to the 1.43 zone as door open for a test of 1.43.
BULLISH RECTANGLE
Ethereum
ETH/USD
1H
There is a bullish rectangle distinguished, the price needs a next move as a sign of a breakout.
A bullish rectangle describes a reliable indicator that can be used to predict that prices are likely to keep rallying upward once price breaks out to the the upside.
A further rangebound to 2180 is going to happen as bulls looking for upside correction.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.