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BTC FORMING SYMMETRICAL TRAINGLE The symmetrical triangle is a chart pattern commonly used in technical analysis that is formed when two trend lines converge towards each other at a roughly equal slope, indicating indecision among traders. It is often viewed as a continuation pattern, meaning that the price is likely to continue in the direction it was moving prior to the formation of the pattern. Traders use this pattern to identify potential breakout levels and to set stop-loss orders. Move can lead to touch 32500 level. #bitcoinrevolution #cryptochain #etherealevolution #bitcoincryptocurrency #cryptoexchange #etherchain #bitcoininvestment #cryptotrade #ethereummining #bitcoinacceptance
Long
by crypto_vulture_signals
BTC forming bear flag The price of Bitcoin is showing signs of forming a bearish flag pattern, which could indicate a potential price decline in the near future. A flag pattern is a technical analysis chart pattern that looks like a flag, formed by two parallel trend lines, where the flagpole is formed by an initial sharp move in price, whilst the flag is formed by a consolidation or a sideways movement in price following the initial price move. so we can expect correction till 25300 or 24300. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
Short
by crypto_vulture_signals