A pennant is observed and the price is breaking out.
A pennant represents a compelling signal that often indicates a next move up if price breaks out.
BTC/USD to move upward to 85000 once above 84200 as indicators favor bulls.
Bitcoin: Absteigender Kanal
BTC/USD,
1 Stunde
LONG
Mai 20
It seems like the price shows a descending channel, the price is about to break out now.
When price breaks through the resistance, the resulting move could identify a downward trend is about to reverse into an upnward trend.
BTC/USD is bullish and en route to the 67000 level as the mood may improve.
Bitcoin: Absteigendes Dreieck
BTC/USD,
1 Stunde
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: Absteigendes Dreieck
BTC/USD,
1 Stunde
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: Aufsteigender Kanal
BTC/USD,
4 Stunden
SHORT
Jul 3
It seems like an ascending channel emerges, the price expects a next strong move as evidence of a breakout.
An ascending channel is considered to be a useful price action signal that is used to identify a break in the price direction when price breaks down.
BTC/USD risks further downside towards 61000 on impulse below 61800 as the cryptocurrency becomes capped.
Bitcoin: Rechteck
BTC/USD,
4 Stunden
LONG
Mai 15
The price establishes a rectangle.
A rectangle suggests a useful bullish price pattern that is used to signal a bullish price action once price breaks out.
BTC/USD to extend its rebound to 64000 as the cryptocurrency becomes supported.
Bitcoin: Bullische Flagge
BTC/USD,
1 Stunde
LONG
Mär 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: Aufsteigender Kanal
BTC/USD,
1 Stunde
SHORT
Mai 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.
Bitcoin: Wimpel
BTC/USD,
1 Stunde
SHORT
Mai 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: Absteigendes Dreieck
BTC/USD,
4 Stunden
LONG
Dez 2
There is a descending triangle diagnosed, BTC/USD expects a next move as a sign of a breakout.
A descending triangle is believed to be a formation that is used to indicate a bullish price move once price breaks out to the the upside.
BTC/USD to increase bullish potential towards the 98000 zone as there is a chance for a upside correction.
Bitcoin: Aufsteigender Kanal
BTC/USD,
1 Stunde
SHORT
Apr 2
There is an ascending channel spotted and BTC/USD expects a more bigger move for the certainty of breakout.
An ascending channel identifies a change in the prevailing trend when price breaks down.
BTC/USD to drop towards the 84000 zone on a breakout of the ascending channel.
Bitcoin: Absteigendes Dreieck
BTC/USD,
1 Stunde
LONG
Nov 26
A descending triangle has been noticed and the price is going to break out.
A descending triangle is said to depict a reliable price formation that typically indicates that prices are likely to keep rallying upward in case if price breaks above resistance.
Btcusd advances higher towards the 88500 mark on a upside break amid btcusd recovers from recent lows.
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