We might wick to 39k and then go up from there but i think the bottom is already in, Even most institutional gamblers closed their shorts
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.
What Is a Bullish Flag? Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle but is...
The descending triangle is a bearish pattern that is characterized by a descending upper trendline and a flat lower trendline that acts as support. This pattern indicates that sellers are more aggressive than buyers as price continues to make lower highs. The pattern completes itself when price breaks out of the triangle in the direction of the overall trend.
if BTC tumbles down and BTC.D goes up this pattern might be successful
Looks like a bull flag and low volume, higher chance of breakout cause fundamental analysis looks good.
Cause BTC is so bullish I think we will be able to break out of this descending triangle. Don't take this as financial advise, for educational purposes only. (Still a newbie)
might be a W pattern don't take this as financial advise :)
Probably gonna be a short-term cool off for ADA these days. (Don't take any of this as financial advise, do your own research)
I think that BTC might be in a Head & Shoulders pattern (Don't take this as financial advise, Do your own research)
Looks like we are forming a bullish head & shoulders, (Don't take any of this as financial advise, do your own research)
might have found a head and shoulders pattern (Don't take this as financial advise)
I spent more time on this so expect mistakes and probably not correct. ;I
Got many resistances on this pitchfork