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CANAL ASCENDANT
Bitcoin Cash
BCH/USD
1H
There is an ascending channel taking place and bchusd requests a next active correction as evidence of a breakdown.
An ascending channel is considered to be a reliable price formation that often signals that the price to go short when price collapses through the support line.
There is a probability of a bearish price action to the 588 mark while lower than 590 as the cryptocurrency keeps the bid tone.
RECTANGLE
Bitcoin
BTC/USD
1H
It seems like a rectangle pops up, the price requires a strong move as a sign of a breakdown.
A rectangle typically spots a sharp decline once price collapses through the support line.
Btcusd challenges a move towards the 88800 mark on a break below 88900.
FANION
Litecoin
LTC/USD
4H
There is a pennant identified and the price is about to break out now.
A pennant is believed to be a compelling bullish pattern that is used to spot an extension in the upward direction in case if price breaks out.
A bullish continuation to 69 about to be made.
TRIANGLE ASCENDANT
Ethereum
ETH/USD
1H
As we can see an ascending triangle has been diagnosed, the price is ready to break out soon.
An ascending triangle is believed to be a specific bearish price action formation that often spots a sharp decline if price collapses through the support line.
Ethusd to plummet to the 2940 mark.
TRIANGLE ASCENDANT
Bitcoin
BTC/USD
1H
There is an ascending triangle observed.
An ascending triangle depicts a useful bearish chart signal that can be used to predict a bearish price move once price breaks through the support.
Btcusd risks extra losses towards the 89000 level on a breakdown of the ascending triangle as gains remain capped.
TRIANGLE ASCENDANT
Cardano
ADA/USD
1H
There is an ascending triangle taking place and the price calls for a bigger correction as proof of a breakdown.
An ascending triangle represents a bearish formation that is used to spot a bearish price action if price collapses through the support line.
There is a chance of a bearish price action towards the 0.355 level on impulse below 0.358 as the cryptocurrency becomes weaker.
TRIANGLE ASCENDANT
Ripple
XRP/USD
1H
There is an ascending triangle noticed and the price is going to break out soon.
Once price collapses through the support line, the move could indicate an extension in the downward direction.
Xrpusd to slide to 1.9 as there is a chance for a downside correction.
FANION
Ethereum
ETH/USD
1H
There is a pennant recognized, ethusd demands a more move for clear breakout confirmation.
A pennant suggests a formation that is used to spot the more likely potential of rising prices in case if price breaks out.
A bullish move to 2980 is on the cards on a breach of 2965 as the cryptocurrency is at a brink of a bullish breakout.
TRIANGLE ASCENDANT
Ethereum
ETH/USD
1H
An ascending triangle has been detected and the price lacks a bigger correction as proof of a breakdown.
An ascending triangle spots a bearish price move in case if price breaks out.
Ethusd to turn bearish towards 2940.
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