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: 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: 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.
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: Descending Triangle
BTC/USD,
1 hour
LONG
Dec 8
It looks like a descending triangle is close to being done, BTC/USD requests a more active bullish move to confirm a breakout.
A descending triangle identifies that prices are likely to keep rallying upward when price breaks through the resistance.
A bullish push up towards 43600 about to be made.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
LONG
Mar 24
It looks like the price gives an ascending triangle, the price expects a more bullish continuation as an information of a breakout.
An ascending triangle signals extending an uptrend if price breaks above resistance.
A rangebound towards the 66000 level about to be made.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Dec 24
There is an ascending triangle emerging.
An ascending triangle denotes a technical price formation that can be used to indicate that the price to go short once price breaks down.
BTC/USD to plummet towards the 43400 zone as the cryptocurrency is at a brink of a bearish breakout.
Bitcoin: Falling Wedge
BTC/USD,
1 hour
LONG
Apr 25
There is a falling wedge turning up, the price lacks a more bigger move for clear breakout confirmation.
Once price breaks out to the the upside, the move could indicate price reversal after a pause.
A bullish price action to 27600 is likely to happen amid the cryptocurrency reclaims part of the ground lost.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Oct 19
There is a descending channel identified.
In case if price breaks out to the the upside, the resulting move could indicate a further move up.
It is likely that a bullish price action towards the 29000 zone will occur.
Bitcoin: Pennant
BTC/USD,
1 hour
LONG
Jul 2
There is a pennant materializing, BTC/USD demands a next active move as evidence of a breakout.
A pennant typically results in the more likely potential of rising prices when price breaks out to the the upside.
There is a possibility of a bullish continuation towards the 30600 mark on a breach of 30550.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Oct 23
There is a descending channel turning up and the price expects a next bigger move for the certainty of breakout.
A descending channel describes a compelling price pattern that has a downward slope that spots that the price to go long if price breaks above resistance.
A bullish move towards 30200 looks possible.
Bitcoin: Falling Wedge
BTC/USD,
4 hours
LONG
Feb 24
As we can see the price creates a falling wedge.
A falling wedge is a useful pattern with a downward bias that indicates the more likely potential of rising prices in case if price breaks out.
A bullish push up to 51500 is probable as the cryptocurrency nears 51100 hurdle.
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Bitcoin · BTC/USD