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: Triangle Ascendant
BTC/USD,
4 heures
LONG
Fév 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: Canal Descendant
BTC/USD,
1 jour
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: Triangle Descendant
BTC/USD,
1 heure
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: Canal Ascendant
BTC/USD,
1 heure
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: Triangle Ascendant
BTC/USD,
1 heure
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: Canal Ascendant
BTC/USD,
1 heure
SHORT
Jui 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: Canal Descendant
BTC/USD,
1 heure
LONG
Aoû 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: Canal Ascendant
BTC/USD,
4 heures
SHORT
Il y a 4 jours
We can see that the price composes an ascending channel and the price is going to break out now.
An ascending channel results in that the price to go down when price breaks below support.
There is a probability of a bearish move towards 90000 on a breakout of the ascending channel.
Bitcoin: Triangle Descendant
BTC/USD,
1 heure
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: Triangle Descendant
BTC/USD,
1 heure
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: Canal Ascendant
BTC/USD,
1 heure
SHORT
Mar 29
It looks like BTC/USD sets up an ascending channel.
An ascending channel often results in a sharp decline in case if price breakdown occurs.
BTC/USD opens door for a move to the 70000 mark.
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Bitcoin · BTC/USD