Open:
High:
Low:
Close:
DESCENDING CHANNEL
Litecoin
LTC/USD
1H
A descending channel comes out and the price expects a steady move for clear breakout confirmation.
A descending channel can be thought of as a compelling price action formation with a downward bias that can be used to spot a further move up when price breaks out to the the upside.
Ltcusd points to the upside towards 54.5 on a breach of 54.1 as bulls seeking a new high.
FALLING WEDGE
Ethereum
ETH/USD
1H
There is a falling wedge poping up, the price breaks out now.
A falling wedge can be thought of as a reliable bullish formation that indicates a bullish move if price breaks out.
Ethusd to move upward towards the 2280 mark once above 2265.
DESCENDING CHANNEL
Bitcoin Cash
BCH/USD
1H
There is a descending channel occuring.
A descending channel typically spots a downward trend is nearing its end when price breaks above resistance.
There is a possibility of a bullish price action to 280 on a breach of 278 as door open for the continuation of the uptrend.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1H
A descending channel is nearing completion.
A descending channel tends to be a specific bullish price action formation that is angled down that typically predicts a bullish price action in case if price breaks out to the the upside.
A bullish push up to 77500 is not ruled out amid rising bets for the move.
DESCENDING CHANNEL
Ripple
XRP/USD
1H
There is a descending channel uncovered.
A descending channel denotes a reliable price action indicator that is used to spot a bullish price move if price breaks out to the the upside.
There is a probability of a bullish continuation to 1.26 on a breach of 1.256 as the cryptocurrency becomes supported.
PENNANT
Bitcoin Cash
BCH/USD
4H
A pennant is nearing completion and the price is close to breaking out now.
A pennant can be thought of as a signal that is used to signal extending an downtrend in case if price breaks out to the the downside.
It is possible that extra downside to the 270 mark will form.
DESCENDING TRIANGLE
Cardano
ADA/USD
1D
There is a descending triangle spotted.
A descending triangle depicts a price action pattern that can be used to identify a sharp decline if price collapses through the support line.
Adausd could attempt a move towards 0.18 on a breakdown of the descending triangle as there is room for a downside correction.
FALLING WEDGE
Ripple
XRP/USD
1H
We can see that a falling wedge has been observed and the price is going to break out now.
A falling wedge identifies a bullish price move in case if price breaks out to the the upside.
Xrpusd to head towards 1.255 on a breach of 1.252.
RECTANGLE
Ethereum
ETH/USD
1H
A rectangle has been recognized and the price breaks out.
Once price collapses through the support line, the resulting move could signal a bearish move.
Ethusd risks a move towards 2240.
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