The price shapes a descending triangle.
A descending triangle suggests a specific chart pattern that predicts a further move up once price breaks above resistance.
BTC/USD to head towards the 29400 mark on impulse above 29340.
Bitcoin: Pennant
BTC/USD,
1 hour
SHORT
Jun 5
There is a pennant uncovered, the price is close to breaking out.
A pennant is a specific chart pattern that results in extending an downtrend if price breaks down.
A further bearish run towards the 27000 zone stays on the cards as BTC/USD becomes weaker.
Bitcoin: Ascending Triangle
BTC/USD,
4 hours
LONG
Feb 6
An ascending triangle is diagnosed, the price is going to break out soon.
Once price breaks through the resistance, the move could indicate a further move up.
BTC/USD to continue the appreciation trend to the 43500 level while above 43300.
Bitcoin: Descending Channel
BTC/USD,
1 day
LONG
Nov 28
A descending channel is close to being done.
A descending channel can be thought of as a price pattern that is angled down that is used to signal a move up once price breaks out to the the upside.
There is a possibility of a further move towards 95000 on a breach of 92000.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Mar 12
There is a descending triangle taking place and the price is ready to break out soon.
A descending triangle provides a compelling bullish price formation that identifies a move up in case if price breaks above resistance.
BTC/USD to jump to the 20600 zone.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Sep 25
There is an ascending channel coming out.
An ascending channel typically identifies a potential bearish reversal in price action once price breaks out.
Btcusd hints a change to the downside to the 112000 zone on a breakdown of the ascending channel.
Bitcoin: Ascending Triangle
BTC/USD,
1 hour
LONG
Mar 16
We can see that an ascending triangle is revealed.
An ascending triangle predicts a bullish price move once price breaks out to the the upside.
BTC/USD to push up towards 25200 on a breach of 24950.
Bitcoin: Ascending Channel
BTC/USD,
1 hour
SHORT
Jun 30
It seems like an ascending channel is close to being complete.
An ascending channel identifies a reliable bearish price action signal that results in a bearish price action once price breaks below support.
BTC/USD to slide to the 107400 level.
Bitcoin: Descending Channel
BTC/USD,
1 hour
LONG
Aug 13
BTC/USD builds a descending channel and the price requests a next strong bullish impulse as a clue of a breakout.
A descending channel indicates price reversal after a pause when price breaks out.
BTC/USD to continue higher to 29440.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Nov 9
As we can see a descending triangle pops up, the price lacks a next strong move to confirm a breakout.
A descending triangle predicts extending an uptrend in case if price breaks through the resistance.
BTC/USD looks north to 76400 on a breakout of the descending triangle.
Bitcoin: Descending Triangle
BTC/USD,
1 hour
LONG
Sep 6
There is a descending triangle materializing and BTC/USD wants a further steady bullish impulse as a verification of a breakout.
A descending triangle identifies a useful pattern that typically predicts that the price to go long in case if price breaks out to the the upside.
It is not ruled out that a rangebound towards the 25900 level will occur.
Bitcoin: Descending Channel
BTC/USD,
4 hours
LONG
2 days ago
There is a descending channel developing, the price is ready to break out.
A descending channel is believed to be a reliable formation that often indicates extending an uptrend if price breaks above resistance.
There is a chance of a bullish continuation towards 92000 on a breakout of the descending channel.
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Bitcoin · BTC/USD