BTC/USD gives a bearish flag.
A bearish flag represents a chart pattern that spots price heading to a new direction when price collapses through the support line.
BTC/USD embarks on a bearish correction to 69400 on a breakout of the bearish flag.
Bitcoin: Bullish Flag
BTC/USD,
1 hour
LONG
Dec 8
It looks like a bullish flag arises, the price is close to breaking out soon.
A bullish flag is believed to be a specific indicator that is used to signal price reversal after a pause if price breaks out.
A rangebound towards the 43600 level is probable on impulse above 43500.
Bitcoin: Rectangle
BTC/USD,
1 hour
LONG
Jun 2
As we can see a rectangle appears, the price requests a strong bullish impulse as a verification of a breakout.
In case if price breaks above resistance, the resulting move could spot a further move up.
BTC/USD to surge considerably to 68000.
Bitcoin: Descending Triangle
BTC/USD,
4 hours
SHORT
Dec 3
A descending triangle is almost completed and the price is ready to break out now.
A descending triangle indicates that the price to go short once price collapses through the support line.
BTC/USD tests a move towards 94000 as gains remain capped.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Oct 10
There is an ascending triangle forming.
An ascending triangle provides a compelling bearish signal that signals a further move down in case if price breaks down.
Btcusd could drop towards the 120000 mark on a breach of 121200 as btcusd becomes capped.
Bitcoin: Symmetrical Triangle
BTC/USD,
1 hour
LONG
Jan 1
It seems like a symmetrical triangle has been diagnosed and the price asks for a next move as a signal of a breakout.
If price breaks through the resistance, the resulting move could identify the more likely potential of rising prices.
BTC/USD embarks on a bullish correction towards the 42800 level.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
Feb 23
BTC/USD builds an ascending channel.
An ascending channel tends to be a useful pattern that can be used to indicate a move down in case if price breaks out to the the downside.
It is likely that a further bearish price action towards 95000 will be made as the mood may get worse.
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
2 days ago
A descending channel is close to being done, the price wants a further steady bullish continuation as a sign of a breakout.
When price breaks above resistance, the resulting move could spot a bullish move.
Btcusd to maintain its positive tone to 90000 on a breakout of the descending channel.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
Jul 1
BTC/USD shows an ascending channel and the price breaks out.
An ascending channel is believed to be a useful chart pattern that has an upward slope that results in a further move down once price breaks out.
It is possible that a bearish continuation to 106500 will occur.
Bitcoin: Rectangle
BTC/USD,
1 hour
SHORT
Dec 10
There is a rectangle encountered.
In case if price breaks out to the the downside, the move could indicate a sharp decline.
BTC/USD to continue the dereciation trend to the 43600 level while below 43650.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Jun 30
We can see that an ascending channel emerges, the price is about to break out soon.
An ascending channel is a specific pattern that typically identifies a next move down once price breaks out.
BTC/USD challenges a move towards the 107000 zone while lower than 107500.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Apr 17
BTC/USD completes a bearish flag and the price calls for a further bearish move to confirm bearish flag breakout.
A bearish flag identifies a price action pattern that typically results in that the price to go short once price collapses through the support line.
A bearish run towards 30100 looks possible.
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Bitcoin · BTC/USD