There is an ascending triangle encountered, the price breaks out now.
An ascending triangle tends to be a useful bearish pattern that can be used to spot a temporary interruption of an existing trend if price collapses through the support line.
There is a possibility of a move to 70000.
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
Dec 1
There is a descending channel forming, the price is close to breaking out now.
Once price breaks above resistance, the resulting move could identify that the price to go long.
It is likely that a bullish push up to 38500 will occur on a breakout of the descending channel as there is room for a upside correction.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Mar 4
There is a bullish flag determined, ADA/USD demands a strong move as a signal of a breakout.
A bullish flag typically signals that prices are likely to keep rallying upward when price breaks out.
ADA/USD risks a move towards 0.74 as ADA/USD looks bid.
Litecoin: Ascending Channel
LTC/USD,
4 hours
SHORT
Apr 27
An ascending channel has been noticed, LTC/USD needs a further move to confirm ascending channel breakdown.
An ascending channel denotes a technical bearish chart signal that can be used to predict a sharp decline when price breaks out to the the downside.
LTC/USD is bearish and en route towards 84.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jul 16
An ascending channel materializes, the price is about to break out now.
An ascending channel typically identifies a sharp decline if price breaks out.
It is likely that a further move towards 94 will occur as outlook for LTC/USD stays negative.
Cardano: Ascending Triangle
ADA/USD,
1 hour
SHORT
Apr 26
It looks like an ascending triangle occurs and the price calls for a next strong move as a verification of a breakout.
An ascending triangle often indicates a change in the prevailing trend when price breaks down.
There is a probability of a move towards 0.465 amid ADA/USD recedes from recent highs.
Cardano: Bearish Rectangle
ADA/USD,
1 hour
SHORT
Jan 7
There is a bearish rectangle revealed and the price lacks a more move for the certainty of breakout.
A bearish rectangle often spots a bearish price move if price breaks down.
ADA/USD to continue the dereciation trend towards the 0.516 level on a breach of 0.518.
Litecoin: Bearish Flag
LTC/USD,
4 hours
SHORT
May 6
A bearish flag comes out, the price is going to break out soon.
A bearish flag often indicates a bullish-to-bearish trend reversal when price breaks through the support.
LTC/USD set to accelerate its decline to 86.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Feb 20
It looks like a rectangle emerges.
A rectangle often identifies a sharp decline in case if price breaks below support.
BTC/USD risks extending drop towards 51400 on a breach of 51550.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Oct 15
It seems like a descending triangle is close to completion and the price requires a next strong impulse up as an information of a breakout.
A descending triangle provides a bullish price signal that is used to identify the bears have run out of steam in case if price breaks through the resistance.
It is likely that a bullish push up towards 61.6 will take place.
Ripple: Ascending Triangle
XRP/USD,
1 hour
SHORT
Nov 9
It seems like the price sets up an ascending triangle.
An ascending triangle often signals that the price to go short if price breaks out.
XRP/USD tests a move to 0.68.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
SHORT
Oct 9
An ascending triangle is close to being completed.
An ascending triangle can be thought of as a specific price action signal that is used to spot a bearish price move if price collapses through the support line.
LTC/USD hints a change to the downside towards 65.
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