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TRIÁNGULO DESCENDENTE
Bitcoin
BTC/USD
1H
As we can see a descending triangle develops, btcusd demands bigger fall as a verification of a breakdown.
A descending triangle identifies a bearish price action in case if price breaks below support.
Further decline towards the 78500 level looks possible.
CANAL DESCENDENTE
Bitcoin
BTC/USD
1H
There is a descending channel turning up.
A descending channel typically signals a sharp rise if price breaks through the resistance.
Btcusd to resume its rise towards the 81500 mark as the cryptocurrency probes 81000 hurdle.
CANAL DESCENDENTE
Bitcoin
BTC/USD
4H
A descending channel is very close to being finished, btcusd asks for a next strong bullish impulse to confirm a breakout.
A descending channel indicates a next move up once price breaks through the resistance.
Btcusd to have better chances of advancing towards 82000 on a breakout of the descending channel.
CUÑA ASCENDENTE
Bitcoin
BTC/USD
1D
It seems like the price forms a rising wedge.
A rising wedge often predicts a bearish move once price breaks out.
Btcusd set to plunge towards the 78000 zone.
CANAL ASCENDENTE
Bitcoin
BTC/USD
1H
As we can see the price gives an ascending channel and the price is close to breaking out.
In case if price breakdown occurs, the resulting move could signal a move down.
Btcusd targets a move to 79800 on a breach of 79900 as gains remain capped.
RECTÁNGULO
Bitcoin
BTC/USD
1H
As we can see a rectangle has been diagnosed.
A rectangle is believed to be a useful bullish formation that can be used to spot a bullish move once price breaks through the resistance.
Btcusd risks a move to 81400 on a breach of 81300 as the cryptocurrency looks bid.
CUÑA DESCENDENTE
Bitcoin
BTC/USD
1H
There is a falling wedge emerging and the price breaks out.
A falling wedge represents a useful price pattern with a downward bias that can be used to predict reversals in downtrends if price breaks above resistance.
It is not ruled out that a further move towards 81000 will occur as the cryptocurrency probes 80800 hurdle.
RECTÁNGULO
Bitcoin
BTC/USD
1H
There is a rectangle developing, the price lacks a more bearish continuation to confirm a breakout.
A rectangle is said to depict a compelling bearish price indicator that can be used to indicate prices are likely to keep falling downward once price collapses through the support line.
It is not ruled out that a bearish move towards 80000 will be made.
CUÑA ASCENDENTE
Bitcoin
BTC/USD
4H
A rising wedge develops.
A rising wedge identifies a temporary interruption of an existing trend if price breaks out.
Btcusd is at risk of resuming its decline to the 80500 zone on a breakout of the rising wedge.
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