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CANAL DESCENDANT
Bitcoin
BTC/USD
1H
A descending channel arises and the price requests a more steady bullish continuation for the certainty of breakout.
A descending channel is considered to be a bullish price pattern that indicates extending an uptrend when price breaks out.
Btcusd turns bullish towards 90900 on a breach of 90800.
DRAPEAU HAUSSIER
Bitcoin
BTC/USD
4H
We can see that a bullish flag comes out and the price breaks out.
A bullish flag is said to depict a reliable bullish signal that predicts that the price to go up once price breaks through the resistance.
Btcusd turns higher towards the 92000 level on a breakout of the bullish flag.
TRIANGLE DESCENDANT
Bitcoin
BTC/USD
1H
There is a descending triangle discovered and the price requests a bullish action as evidence of a breakout.
A descending triangle is believed to be a reliable bullish pattern that results in a bullish move when price breaks out to the the upside.
A further bullish continuation to the 91000 zone is going to happen on a breach of 90500.
TRIANGLE ASCENDANT
Bitcoin
BTC/USD
1H
There is an ascending triangle emerging, the price wants a more active move as an information of a breakout.
When price collapses through the support line, the resulting move could signal a further move down.
It is possible that a further bearish run to 90000 will form as bears seeking a new low.
TRIANGLE DESCENDANT
Bitcoin
BTC/USD
1H
We can see that a descending triangle is very close to being completed.
A descending triangle denotes a useful formation that can be used to signal a move up if price breaks out to the the upside.
It is not ruled out that a move towards 91000 will form on a breach of 90700 as the cryptocurrency becomes bid.
CANAL ASCENDANT
Bitcoin
BTC/USD
1H
As we can see the price forms an ascending channel.
An ascending channel depicts a specific bearish price indicator that is used to spot a further move down once price breakdown occurs.
Btcusd risks further decline towards 90000.
TRIANGLE DESCENDANT
Bitcoin
BTC/USD
1H
There is a descending triangle uncovered.
A descending triangle is a useful signal that results in a bullish price move in case if price breaks through the resistance.
Btcusd to recover bullish potential towards the 91000 zone.
FANION
Bitcoin
BTC/USD
1H
There is a pennant noticed, the price demands a more steady correction for clear breakout confirmation.
A pennant results in a bearish price action in case if price breaks through the support.
Btcusd could extend its slump to 90000.
CANAL ASCENDANT
Bitcoin
BTC/USD
1H
An ascending channel is found, the price requests an active move as an indication of a breakout.
An ascending channel represents a bearish price action indicator that can be used to identify that the price to go short when price breaks through the support.
Btcusd to experience further corrective weakness to the 90000 mark as there is room for a downside correction.
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