Open:
High:
Low:
Close:
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.
Ripple: Rectangle
XRP/USD,
1 hour
SHORT
Jan 7
A rectangle is almost finished, the price is going to break out.
A rectangle indicates the more likely potential of falling prices in case if price breaks down.
A rangebound to 0.564 is possible on impulse below 0.5655.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Jul 21
As we can see LTC/USD forms a rectangle, LTC/USD wants a bigger bearish impulse as a signal of a breakout.
Once price collapses through the support line, the move could identify a move down.
A rangebound to the 72 level is on the way.
Ripple: Falling Wedge
XRP/USD,
1 day
LONG
Mar 20
There is a falling wedge emerging.
A falling wedge is said to depict a technical price action signal that predicts a trend change to the upside in case if price breaks out.
A move to 0.39 is going to happen on a breakout of the falling wedge.
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
Aug 18
A descending channel happens and the price is close to breaking out soon.
A descending channel describes a compelling price action formation that is used to signal that the price to go up when price breaks above resistance.
A move to the 0.34 zone stays on the cards as ADA/USD looks bid.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Apr 17
BTC/USD completes a bearish flag and the price calls for a further bearish move to confirm bearish flag breakout.
A bearish flag identifies a price action pattern that typically results in that the price to go short once price collapses through the support line.
A bearish run towards 30100 looks possible.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Feb 26
We can see that a descending channel takes place.
A descending channel represents a useful bullish indicator that often predicts a sharp rise in case if price breaks out to the the upside.
A bullish continuation towards 0.545 looks possible as XRP/USD becomes supported.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
LONG
Nov 9
There is an ascending triangle uncovered and ETH/USD requests a next move as a signal of a breakout.
An ascending triangle typically spots an extension in the upward direction when price breaks above resistance.
There is a chance of a bullish price action towards 1905 while above 1902 as ETH/USD is at a brink of a bullish breakout.