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Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
Feb 23
BTC/USD builds an ascending channel.
An ascending channel tends to be a useful pattern that can be used to indicate a move down in case if price breaks out to the the downside.
It is likely that a further bearish price action towards 95000 will be made as the mood may get worse.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Dec 22
There is a descending channel taking place, the price is breaking out.
In case if price breaks out to the the upside, the move could predict the bears have run out of steam.
LTC/USD to accomodate towards the 71.5 zone as the mood may improve.
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
Nov 6
There is a descending channel turning up, ADA/USD lacks a more active bullish move as a clue of a breakout.
A descending channel identifies a bullish indicator that typically indicates a bullish price action if price breaks out.
ADA/USD is bullish and en route towards the 0.36 mark as the wind continues blowing in favor of ADA/USD.
Ripple: Descending Channel
XRP/USD,
1 hour
LONG
Mar 21
There is a descending channel exposed, the price is ready to break out now.
A descending channel often results in that the price will rally further if price breaks above resistance.
It is likely that a rangebound to 0.39 will occur on a breach of 0.387 as XRP/USD is at a brink of a bullish breakout.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Jul 13
There is a bullish flag coming out.
A bullish flag identifies a move up once price breaks through the resistance.
ADA/USD hints a change to the upside towards 0.292 on a breach of 0.291.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Sep 19
There is a descending channel encountered.
A descending channel identifies a useful bullish chart pattern that is used to spot a change in the prevailing trend when price breaks out to the the upside.
There is a probability of a bullish price action towards 2500.
Litecoin: Pennant
LTC/USD,
1 hour
SHORT
14 hours ago
We can see that a pennant has been spotted, LTC/USD wants a further bigger move to confirm a breakout.
Once price breakdown occurs, the move could indicate the more likely potential of falling prices.
LTC/USD to experience further corrective weakness to the 83 level on a breakdown of the pennant.
Litecoin: Descending Triangle
LTC/USD,
4 hours
LONG
Feb 9
The price completes a descending triangle, the price needs a next active move to confirm descending triangle breakout.
If price breaks out to the the upside, the move could predict that prices are likely to keep rallying upward.
A bullish run to 106 about to be made.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Dec 11
There is an ascending channel found and the price is about to break out now.
An ascending channel identifies a compelling chart pattern with an upward bias that is used to predict extending an downtrend once price breaks out to the the downside.
It is likely that a bearish push down to 2320 will form while below 2330.
Ripple: Ascending Channel
XRP/USD,
1 hour
SHORT
4 days ago
An ascending channel arises, the price is ready to break out.
An ascending channel typically identifies a temporary interruption during a rising market in case if price breaks through the support.
XRP/USD to head towards the 2.05 zone as bears looking for downside correction.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 12
We can see that an ascending triangle is almost completed and the price is ready to break out soon.
An ascending triangle typically spots extending an downtrend once price breakdown occurs.
ETH/USD opens door for a move to the 3220 zone on a breach of 3240.
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.