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BISEAU DESCENDANT
Bitcoin
BTC/USD
1H
There is a falling wedge forming and the price is going to break out soon.
A falling wedge typically spots a bullish price action in case if price breaks out.
Btcusd to grind higher to 63500 on a breakout of the falling wedge as indicators turn bullish.
CANAL DESCENDANT
Litecoin
LTC/USD
1H
We can see that a descending channel has been observed and the price is about to break out now.
A descending channel often results in the bears have run out of steam when price breaks above resistance.
There is a probability of a further bullish price action to 43 as the cryptocurrency is at a brink of a bullish breakout.
CANAL DESCENDANT
Ripple
XRP/USD
1H
There is a descending channel recognized.
A descending channel is believed to be a technical formation that has a downward slope that is used to identify a bullish price action in case if price breaks through the resistance.
Xrpusd to strengthen towards the 1.12 mark once beyond 1.11.
CANAL DESCENDANT
Bitcoin
BTC/USD
1H
A descending channel has been noticed, btcusd requires an active move as a signal of a breakout.
A descending channel is believed to be a bullish signal that signals a countertrend succeeding the current trend when price breaks through the resistance.
There is a probability of a rangebound to the 63000 level.
DRAPEAU BAISSIER
Bitcoin
BTC/USD
1H
It seems like a bearish flag is almost finished, the price is about to break out now.
A bearish flag is considered to be a specific bearish price action pattern that is angled up that predicts a next move down if price breaks out.
A bearish run towards the 63000 mark looks likely.
BISEAU ASCENDANT
Bitcoin
BTC/USD
4H
A rising wedge is close to being complete.
A rising wedge can be thought of as a useful bearish price indicator that is used to signal a sharp decline once price breaks through the support.
Btcusd looks south to the 63000 level.
BISEAU ASCENDANT
Ethereum
ETH/USD
4H
There is a rising wedge taking place and the price is ready to break out now.
When price breaks down, the move could identify a pause in an uptrending market.
It is likely that a further bearish run to 1700 will happen on a breakdown of the rising wedge.
CANAL ASCENDANT
Litecoin
LTC/USD
1H
It looks like an ascending channel is close to being done, ltcusd needs steady push down as proof of a breakout.
An ascending channel predicts a temporary interruption of an existing trend if price breaks through the support.
Ltcusd pulls back to 44.4 while below 44.4 as ltcusd is at a brink of a bearish breakout.
FANION
Bitcoin Cash
BCH/USD
4H
It seems like a pennant is nearing completion, the price asks for a steady move as an indication of a breakout.
A pennant identifies a compelling chart indicator that often predicts an extension in the downward direction when price breaks below support.
Bchusd to extend the fall to the 190 mark.
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