There is a pennant uncovered, BTC/USD calls for a more active bearish action as a signal of a breakdown.
A pennant is considered to be a specific signal that typically spots that the price to go down when price collapses through the support line.
There is a probability of a bearish push down towards 72500.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Jun 29
An ascending channel is almost finished, the price is close to breaking out soon.
An ascending channel typically indicates that the price to go short in case if price breaks down.
BTC/USD to prolong the corrective phase to the 107000 level as door open for a test of 107000.
Bitcoin: Bearish Flag
BTC/USD,
1 hour
SHORT
Oct 9
A bearish flag is noticed and the price wants a strong bearish impulse to confirm a breakdown.
A bearish flag depicts a specific bearish indicator that can be used to spot the bulls have run out of steam once price breaks down.
There is a chance of a bearish continuation to 122500 as the cryptocurrency sticks to the negative mood.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
19 hours ago
An ascending triangle appears and btcusd wants next fall as an information of a breakdown.
An ascending triangle identifies a technical bearish pattern that has an upward slope that is used to predict that the price to go short when price breaks below support.
A rangebound to the 93000 mark looks probable while lower than 93200.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Sep 18
A descending channel happens and the price is ready to break out soon.
A descending channel is considered to be a technical bullish chart pattern that has a downward slope that often identifies a bullish price move when price breaks out.
It is possible that a bullish push up to 26650 will happen once beyond 26590.
Bitcoin: Descending Triangle
BTC/USD,
1 day
LONG
Jun 30
A descending triangle is very close to being completed, the price wants a bit more consolidation for the certainty of breakout.
A descending triangle spots that the price to go long if price breaks out to the the upside.
There is a chance of a bullish push up towards the 108000 level on a breach of 107500 as bulls seeking a new high.
Bitcoin: Rectangle
BTC/USD,
4 hours
SHORT
Sep 22
There is a rectangle taking place.
A rectangle indicates the more likely potential of falling prices if price breaks below support.
There is a chance of decline to 114500.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Mar 18
An ascending channel appears and BTC/USD asks for a move as a clue of a breakdown.
If price breaks out, the resulting move could identify a bearish price move.
A bearish push down to 66000 is likely to happen on a downside break.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Aug 4
An ascending triangle occurs.
In case if price breaks out, the move could indicate a bearish price action.
There is a possibility of a bearish continuation towards 60000 while lower than 60300 as minor hurdle remains at 60300.
Bitcoin: Rectangle
BTC/USD,
1 hour
LONG
Mar 19
There is a rectangle arising.
A rectangle depicts a price action pattern that typically identifies that prices are likely to keep rallying upward once price breaks through the resistance.
It is likely that a bullish continuation towards 84000 will take place.
Bitcoin: Rising Wedge
BTC/USD,
4 hours
SHORT
Jan 31
A rising wedge occurs.
A rising wedge is said to depict a technical bearish signal that spots a bearish price move if price breaks out to the the downside.
BTC/USD set to extend its decline to the 102000 zone.
Bitcoin: Descending Triangle
BTC/USD,
4 hours
LONG
Jul 30
A descending triangle has been encountered, the price is ready to break out soon.
A descending triangle suggests a specific bullish price action signal that indicates a bullish price action in case if price breaks out to the the upside.
It is not ruled out that a bullish price action towards 29400 will form once beyond 29340 as the cryptocurrency looks bid.
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Bitcoin · BTC/USD