There is a pennant uncovered.
A pennant depicts a bullish price action pattern that spots an extension in the upward direction once price breaks out.
There is a probability of a bullish move towards the 95000 zone on a breach of 92000 as bulls looking for upside correction.
上昇三角形型
ビットコインBTC/USD1H
The price gives an ascending triangle and btcusd wants a further move as a clue of a breakout.
An ascending triangle denotes a specific price signal that often predicts a further move up once price breaks above resistance.
Btcusd looks north to the 92500 level.
上昇フラッグ
ビットコインBTC/USD4H
It seems like the price shapes a bullish flag and the price is breaking out.
A bullish flag is considered to be a technical chart pattern that is angled down that can be used to spot a move up when price breaks out to the the upside.
A bullish move to 92000 is probable.
ペナント
ビットコインBTC/USD1H
There is a pennant poping up and the price is close to breaking out soon.
In case if price breaks above resistance, the resulting move could signal a bullish price action.
Btcusd to head towards 91000.
上昇ウェッジ
ビットコインBTC/USD1H
A rising wedge is close to being finished and btcusd needs a further strong move as a clue of a breakout.
A rising wedge can be thought of as a compelling bearish chart indicator that signals that the price to go short when price collapses through the support line.
Btcusd now looks to 89000 as the cryptocurrency becomes depressed.
上昇チャネル
ビットコインBTC/USD1H
The price forms an ascending channel.
An ascending channel tends to be a compelling chart formation that can be used to signal a move down once price breaks through the support.
It is possible that a further bearish price action to 90000 will occur on a breakout of the ascending channel.
上昇ウェッジ
ビットコインBTC/USD1H
It looks like a rising wedge pops up and the price requires a bigger move as proof of a breakdown.
A rising wedge is said to depict a technical chart indicator that often predicts a move down if price breaks out.
It is possible that a bearish push down towards 91000 will occur as bears seeking a new low.
下降チャネル
ビットコインBTC/USD1H
We can see that a descending channel turns up.
A descending channel is said to depict a compelling formation that can be used to indicate extending an uptrend once price breaks above resistance.
It is likely that a bullish price action towards 90000 will be made while above 89700.
下降フラッグ
ビットコインBTC/USD1H
As we can see a bearish flag is noticed.
A bearish flag describes a bearish chart pattern that is angled up that often results in a move down in case if price breaks down.
Btcusd embarks on a bearish correction to the 89000 zone as door open for a test of 89000.