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CANAL DESCENDANT
Bitcoin Cash
BCH/USD
1H
It seems like bchusd composes a descending channel, the price needs a further active bullish continuation as an information of a breakout.
A descending channel provides a specific bullish price action indicator that spots price reversal after a pause once price breaks out.
There is a possibility of a bullish move to 448.
RECTANGLE
Ethereum
ETH/USD
4H
There is a rectangle spotted and the price is going to break out now.
A rectangle is believed to be a useful indicator that signals the more likely potential of rising prices if price breaks out to the the upside.
It is not ruled out that a bullish price action towards 2360 will take place while above 2340.
CANAL DESCENDANT
Litecoin
LTC/USD
4H
As we can see a descending channel is almost completed and the price asks for a strong move as a signal of a breakout.
A descending channel is a specific chart indicator that often signals a temporary interruption of an existing trend in case if price breaks above resistance.
Ltcusd to accomodate to the 56.5 mark on a breach of 56.2.
DRAPEAU BAISSIER
Litecoin
LTC/USD
1D
There is a bearish flag noticed, the price is about to break out now.
A bearish flag often spots a bearish move once price breaks out to the the downside.
It is likely that a further rangebound towards the 54 zone will happen.
TRIANGLE ASCENDANT
Cardano
ADA/USD
4H
An ascending triangle arises, the price expects a next bullish move as an information of a breakout.
An ascending triangle identifies a reliable chart pattern that can be used to identify an extension in the upward direction in case if price breaks out to the the upside.
Adausd to surge considerably to the 0.254 mark.
RECTANGLE
Ripple
XRP/USD
4H
There is a rectangle developing, the price wants a more move as a signal of a breakout.
A rectangle indicates a bullish price move once price breaks through the resistance.
Xrpusd pushes higher to 1.41.
TRIANGLE ASCENDANT
Cardano
ADA/USD
1H
It looks like an ascending triangle takes place.
An ascending triangle is said to depict a reliable chart formation that can be used to identify prices are likely to keep falling downward in case if price breaks out to the the downside.
Adausd to drop towards 0.248 on a breach of 0.2492.
BISEAU ASCENDANT
Bitcoin
BTC/USD
4H
We can see that the price develops a rising wedge and the price wants bigger pullback as an indication of a breakout.
A rising wedge provides a technical price action signal that can be used to indicate a bearish price move if price breakdown occurs.
Btcusd looks south towards the 78000 zone.
TRIANGLE ASCENDANT
Bitcoin Cash
BCH/USD
4H
An ascending triangle is noticed and the price is going to break out now.
An ascending triangle describes a price action signal that can be used to predict prices are likely to keep falling downward once price breaks out to the the downside.
It is not ruled out that a move to 440 will be made.
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