We can see that a descending channel is nearing completion, BTC/USD calls for a next active move as a sign of a breakout.
A descending channel can be thought of as a compelling price action pattern that often spots a move up in case if price breaks out.
BTC/USD to have better chances of advancing to the 106500 zone.
Bitcoin: Wimpel
BTC/USD,
1 Stunde
LONG
Okt 15
There is a pennant identified and the price wants a more move as an indication of a breakout.
A pennant can be thought of as a specific pattern that typically results in a bullish price move when price breaks out.
BTC/USD to have better chances of advancing towards the 26900 zone as BTC/USD becomes bid.
Bitcoin: Absteigender Kanal
BTC/USD,
1 Stunde
LONG
Jul 2
There is a descending channel forming, the price is about to break out.
A descending channel identifies extending an uptrend if price breaks out to the the upside.
BTC/USD to prolong the growth phase to 106500 once above 106300 as there is room for a upside correction.
Bitcoin: Steigender Keil
BTC/USD,
4 Stunden
SHORT
Jun 29
BTC/USD shapes a rising wedge and the price is going to break out.
If price breaks out, the move could spot a bearish price move.
BTC/USD to extend its setback towards 107000.
Bitcoin: Aufsteigendes Dreieck
BTC/USD,
4 Stunden
SHORT
Okt 21
An ascending triangle pops up.
An ascending triangle is believed to be a chart pattern that is used to predict a bearish price action in case if price breakdown occurs.
Btcusd could extend its slump towards the 106000 mark.
Bitcoin: Absteigendes Dreieck
BTC/USD,
1 Stunde
SHORT
Apr 6
A descending triangle is nearing completion, the price needs a next strong move to confirm descending triangle breakdown.
A descending triangle is a reliable bearish price formation that can be used to indicate an extension in the downward direction once price breaks below support.
There is a chance of a further rangebound towards the 82000 level on a downside break amid BTC/USD recedes from recent highs.
Bitcoin: Rechteck
BTC/USD,
1 Stunde
SHORT
Jun 23
BTC/USD creates a rectangle.
A rectangle spots a bearish price move once price breaks down.
BTC/USD to drop towards 64250 on a breakout of the rectangle as the cryptocurrency becomes weak.
Bitcoin: Absteigender Kanal
BTC/USD,
4 Stunden
LONG
Feb 26
A descending channel emerges and BTC/USD expects a more bigger move for clear breakout confirmation.
A descending channel denotes a bullish indicator that is used to spot a bullish move in case if price breaks out to the the upside.
It is not ruled out that a bullish push up to the 51800 zone will occur as the mood may improve.
Bitcoin: Rechteck
BTC/USD,
1 Stunde
LONG
Okt 19
A rectangle happens and the price is breaking out.
In case if price breaks through the resistance, the move could spot a bullish price action.
Btcusd to grind higher towards the 107400 zone once above 107350 as the cryptocurrency looks bid.
Bitcoin: Absteigendes Dreieck
BTC/USD,
1 Stunde
SHORT
Sep 21
A descending triangle is close to being finished.
A descending triangle often indicates that the price to go down when price collapses through the support line.
Btcusd to suffer further downside to 115200 as risk reversal sheds bullish bias.
Bitcoin: Bärische Flagge
BTC/USD,
1 Stunde
SHORT
Sep 30
There is a bearish flag occuring.
A bearish flag is said to depict a specific price action formation that has an upward slope that indicates a move down when price breaks out.
It is likely that a move to 65500 will take place on a break below 65540.
Bitcoin: Absteigender Kanal
BTC/USD,
1 Stunde
LONG
Feb 26
There is a descending channel distinguished, the price requires next steady push up as an indication of a breakout.
If price breaks out, the resulting move could spot a break in the price direction.
It is likely that a further move towards 52000 will form.
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Bitcoin · BTC/USD