Open:
High:
Low:
Close:
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
An ascending triangle is almost done, the price is close to breaking out soon.
In case if price breaks through the support, the move could signal the more likely potential of falling prices.
Btcusd does not rule out a move towards the 63500 mark while below 64100 as bears seeking a new low.
DESCENDING CHANNEL
Bitcoin
BTC/USD
1D
A descending channel is almost done, the price is breaking out.
Once price breaks out, the resulting move could identify an interruption of a downtrend.
It is possible that a further bullish price action to 66000 will occur.
BEARISH FLAG
Bitcoin
BTC/USD
1H
It seems like a bearish flag is revealed.
A bearish flag is said to depict a compelling bearish price action pattern with an upward bias that can be used to spot that the price to go down if price breaks down.
There is a possibility of corrective downside towards 63500.
BULLISH FLAG
Bitcoin
BTC/USD
4H
A bullish flag is nearing completion.
A bullish flag is considered to be a reliable formation that has a downward slope that often spots a bullish price action if price breaks out to the the upside.
A bullish run towards the 64000 mark is a possibility on a breach of 63600.
ASCENDING TRIANGLE
Bitcoin
BTC/USD
1H
An ascending triangle is encountered.
An ascending triangle suggests a price action pattern that can be used to predict an extension in the upward direction in case if price breaks out.
Btcusd looks north to 63500.
FALLING WEDGE
Bitcoin
BTC/USD
1H
As we can see a falling wedge is recognized and the price expects an active bullish continuation for the certainty of breakout.
Once price breaks out to the the upside, the move could signal that the price to go long.
It is possible that a rangebound to 62500 will be made as btcusd becomes bullish.
FALLING WEDGE
Bitcoin
BTC/USD
1H
There is a falling wedge occuring.
A falling wedge suggests a compelling bullish pattern that is angled down that is used to signal a further move up when price breaks out.
Btcusd advances higher towards the 62500 level on a breakout of the falling wedge as the cryptocurrency is at a brink of a bullish breakout.
ASCENDING CHANNEL
Bitcoin
BTC/USD
4H
As we can see an ascending channel is close to being done, the price breaks out now.
If price breaks out to the the downside, the move could signal a bearish move.
Btcusd turns bearish towards 62000 on a breakout of the ascending channel.
ASCENDING CHANNEL
Bitcoin
BTC/USD
1H
There is an ascending channel arising and the price wants a steady move as proof of a breakdown.
An ascending channel denotes a signal that can be used to signal an extension in the downward direction when price breaks out to the the downside.
Btcusd to move downward to 62600 on a breakout of the ascending channel.
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