The price shows a descending channel and BTC/USD wants a bigger bullish move as a signal of a breakout.
When price breaks above resistance, the move could signal that the price will rally further.
There is a chance of a bullish push up to the 46000 zone as the mood may improve.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Oct 12
It seems like a descending channel takes place.
A descending channel provides a compelling bullish price action pattern that has a downward slope that is used to spot a next move up in case if price breaks out.
It is possible that a bullish move towards the 112000 zone will take place.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Oct 7
Btcusd completes an ascending channel, the price is about to break out soon.
An ascending channel describes a compelling bearish formation that typically identifies extending an downtrend once price breaks below support.
Btcusd could extend its slump towards the 124000 zone as btcusd is at a brink of a bearish breakout.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Apr 24
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
Jun 16
There is a descending channel detected, the price breaks out.
A descending channel typically signals a bullish price move in case if price breaks out to the the upside.
It is likely that a move to 26000 will be made.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Nov 26
There is a descending channel turning up, btcusd asks for steady rise as a signal of a breakout.
In case if price breaks above resistance, the resulting move could indicate a temporary interruption during a falling market.
Btcusd to grind higher to 88000 on a break above 88000.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
May 15
There is a descending triangle occuring, BTC/USD lacks a bit more consolidation to confirm descending triangle breakout.
A descending triangle indicates extending an uptrend once price breaks out.
There is a probability of a move towards 104000.
Bitcoin: Rising Wedge
BTC/USD,
1 day
SHORT
Jun 12
A rising wedge is close to completion, BTC/USD lacks a move for clear breakdown confirmation.
If price breaks out, the resulting move could indicate a temporary interruption during a rising market.
BTC/USD turns lower to the 66000 mark on a break below 67000.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
SHORT
Jun 9
It looks like an ascending triangle materializes and the price expects a further bigger move to confirm ascending triangle breakout.
An ascending triangle provides a compelling price action formation that typically results in the more likely potential of falling prices if price breaks through the support.
It is likely that a bearish continuation to the 26400 zone will happen on a breach of 26520.
Bitcoin: Ascending Channel
BTC/USD,
4 hours
SHORT
4 days ago
We can see that the price composes an ascending channel and the price is going to break out now.
An ascending channel results in that the price to go down when price breaks below support.
There is a probability of a bearish move towards 90000 on a breakout of the ascending channel.
Bitcoin: Falling Wedge
BTC/USD,
1 hour
LONG
Oct 13
We can see that the price composes a falling wedge and the price expects a bit more consolidation to confirm a breakout.
A falling wedge tends to be a price formation that is angled down that is used to signal that the price to go up if price breaks out.
BTC/USD to accomodate to 62800 as the cryptocurrency probes 62550 hurdle.
Bitcoin: Descending Triangle
BTC/USD,
4 hours
LONG
Apr 21
A descending triangle comes out and BTC/USD requires a strong impulse up as evidence of a breakout.
A descending triangle describes a technical price action formation that typically results in extending an uptrend once price breaks out to the the upside.
BTC/USD to head to 85500 as BTC/USD loses bearish momentum.
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Bitcoin · BTC/USD