Open:
High:
Low:
Close:
SYMMETRICAL TRIANGLE
Bitcoin
BTC/USD
1H
There is a symmetrical triangle identified, the price is ready to break out.
If price breaks out to the the downside, the resulting move could spot prices are likely to keep falling downward.
A bearish push down to 93000 is likely to happen as weakness continues.
RISING WEDGE
Bitcoin
BTC/USD
4H
A rising wedge is almost completed.
A rising wedge depicts a bearish price action signal that often results in an upward trend is nearing its end if price breaks out to the the downside.
Btcusd to turn bearish towards the 90000 level on a downside break as upside pressure alleviates.
PENNANT
Bitcoin
BTC/USD
1H
There is a pennant occuring.
A pennant is considered to be a useful price pattern that often signals the bears have run out of steam once price breaks out.
Btcusd to strengthen to 94000.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel detected.
An ascending channel represents a useful pattern that can be used to indicate a next move down when price breaks below support.
Btcusd is at risk of resuming its decline towards 93000 as weakness continues.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1D
There is an ascending triangle developing.
An ascending triangle suggests a useful price indicator that indicates a bullish move in case if price breaks through the resistance.
A bullish continuation towards the 94000 level looks probable as btcusd becomes bid.
RISING WEDGE
Bitcoin
BTC/USD
1H
A rising wedge is discovered and the price requests a correction for the certainty of breakout.
A rising wedge suggests a compelling chart pattern that is angled up that typically spots a temporary interruption during a rising market once price breaks down.
Btcusd risks suffer setback to the 91000 level on a breakdown of the rising wedge.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
There is an ascending triangle identified and btcusd expects further steady push up as proof of a breakout.
When price breaks out to the the upside, the resulting move could spot that prices are likely to keep rallying upward.
A further bullish move towards 91000 is about to happen.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel noticed.
An ascending channel suggests a compelling bearish price action pattern that is used to predict a bearish price move once price breaks out.
Btcusd to prolong the corrective phase towards the 89500 level.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
An ascending channel has been noticed and btcusd demands a more bigger move as an information of a breakout.
In case if price breaks out to the the downside, the move could signal a sharp decline.
Btcusd is at risk of resuming its decline towards 89500 on impulse below 90000.
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