The price shapes a descending triangle.
A descending triangle suggests a specific chart pattern that predicts a further move up once price breaks above resistance.
BTC/USD to head towards the 29400 mark on impulse above 29340.
Bitcoin: Ascending Triangle
BTC/USD,
4 hours
LONG
Feb 6
An ascending triangle is diagnosed, the price is going to break out soon.
Once price breaks through the resistance, the move could indicate a further move up.
BTC/USD to continue the appreciation trend to the 43500 level while above 43300.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Mar 12
There is a descending triangle taking place and the price is ready to break out soon.
A descending triangle provides a compelling bullish price formation that identifies a move up in case if price breaks above resistance.
BTC/USD to jump to the 20600 zone.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
LONG
Mar 16
We can see that an ascending triangle is revealed.
An ascending triangle predicts a bullish price move once price breaks out to the the upside.
BTC/USD to push up towards 25200 on a breach of 24950.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Aug 13
BTC/USD builds a descending channel and the price requests a next strong bullish impulse as a clue of a breakout.
A descending channel indicates price reversal after a pause when price breaks out.
BTC/USD to continue higher to 29440.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Sep 6
There is a descending triangle materializing and BTC/USD wants a further steady bullish impulse as a verification of a breakout.
A descending triangle identifies a useful pattern that typically predicts that the price to go long in case if price breaks out to the the upside.
It is not ruled out that a rangebound towards the 25900 level will occur.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Mar 29
It looks like BTC/USD sets up an ascending channel.
An ascending channel often results in a sharp decline in case if price breakdown occurs.
BTC/USD opens door for a move to the 70000 mark.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Jan 26
We can see that a descending triangle is close to being completed and the price requires a more bullish impulse to confirm a breakout.
In case if price breaks out to the the upside, the move could spot the more likely potential of rising prices.
There is a chance of a further bullish run towards 40200.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Apr 25
It seems like a descending triangle has been identified, the price is breaking out.
A descending triangle is believed to be a price action signal that identifies a sharp rise if price breaks out.
A move to 27600 is about to happen on impulse above 27400.
Bitcoin: Bullish Flag
BTC/USD,
1 hour
LONG
Mar 28
A bullish flag is discovered, the price needs a further steady move as proof of a breakout.
A bullish flag is believed to be a useful chart indicator that is used to spot that the price to go long in case if price breaks out to the the upside.
BTC/USD is bullish and en route to 70000.
Bitcoin: Pennant
BTC/USD,
1 hour
SHORT
May 7
There is a pennant poping up, the price is ready to break out.
A pennant describes a useful indicator that can be used to predict that the price to go short in case if price breakdown occurs.
BTC/USD targets a move to 28800 as BTC/USD is at a brink of a bearish breakout.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
May 1
It seems like an ascending channel turns up and the price is going to break out now.
An ascending channel often results in a move down once price breaks out to the the downside.
BTC/USD is bearish and en route to 29000.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Bitcoin · BTC/USD