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: Canal Ascendant
BTC/USD,
1 heure
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: Canal Descendant
BTC/USD,
4 heures
LONG
Jui 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: Triangle Ascendant
BTC/USD,
1 heure
SHORT
Avr 24
Bitcoin: Triangle Ascendant
BTC/USD,
1 heure
SHORT
Il y a 21 heures
An ascending triangle appears and btcusd wants next fall as an information of a breakdown.
An ascending triangle identifies a technical bearish pattern that has an upward slope that is used to predict that the price to go short when price breaks below support.
A rangebound to the 93000 mark looks probable while lower than 93200.
Bitcoin: Canal Descendant
BTC/USD,
1 heure
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: Triangle Descendant
BTC/USD,
1 heure
LONG
Mai 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: Biseau Ascendant
BTC/USD,
1 jour
SHORT
Jui 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: Triangle Ascendant
BTC/USD,
1 heure
SHORT
Jui 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: Biseau Descendant
BTC/USD,
1 heure
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: Triangle Descendant
BTC/USD,
4 heures
LONG
Avr 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.
Bitcoin: Fanion
BTC/USD,
1 heure
SHORT
Jui 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.
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Bitcoin · BTC/USD