Bearish Pennant

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Luiserebii Luiserebii BTCUSD, 1D, Short ,
BTCUSD: Twilight of the Bitcoin Market Cycle?
744 4 10
BTCUSD, 1D Short
Twilight of the Bitcoin Market Cycle?

Hello friends, It's been a while since my last post; lack of time and an urge to do more research has mainly driven me to take a break from posting ideas on TradingView. I am still in the process of doing more research and study, but I figure posting once in a while couldn't hurt. Since I have become recently very convinced about this, I am outlining a very ...

anzach77 anzach77 BTCUSD, 240,
BTCUSD: Not looking good BTC
108 0 2
BTCUSD, 240
Not looking good BTC

Hi all, getting straight into it, seems like BTC has printed a bear flag, unable to make a sharp recovery from that 1500 drop. Technically, the flag can be be as long as the pole, but given the wedging pattern that is forming, converging at the 6500 level, it seems that a breakout (to either side) may occur any time soon. A key indicator to watch would be the ...

ForeverOnline ForeverOnline BTCUSD, 60, Short ,
BTCUSD: BTC - Bear Pennant
90 0 1
BTCUSD, 60 Short
BTC - Bear Pennant

Things look really bearish on a macro scale. On the last breakout its now forming a clean pennant.. It could break upward forming a rising wedge or somekind.. Overal, im 95% bear and i dont expect us to go higher then 7500 from this point

JohnnyPurtoy98 JohnnyPurtoy98 NZDUSD, 1D, Short ,
NZDUSD: NZDUSD - Bearish pennant
34 0 1
NZDUSD, 1D Short
NZDUSD - Bearish pennant

Looks like a bearish pennant has started to form after a significant bearish move, if the price breaks out the bottom of this pennant then we could see some substantial bearish moves over the coming days and weeks. Keep an eye on this pair and I would keep everyone updated on what is happening over the coming days.

Slyx737 Slyx737 XVGBTC, 240,
XVGBTC: XVG 4HR
157 0 0
XVGBTC, 240
XVG 4HR

Price is forming a bearish pennant. Stochastic has a bullish cross, DIs are moving in a bullish direction. Kumo twisted belly up but if the price manages to break the topside it test the Kumo. Also, Kijun sen has become support for price and we can see the bulls moved in at that price level leading the wick on the current candle.

Stevie011 Stevie011 BTCUSD, 60, Short ,
BTCUSD: Bearish Pennant? BTCUSD 1hr BITFINEX
203 2 1
BTCUSD, 60 Short
Bearish Pennant? BTCUSD 1hr BITFINEX

As much as I don't want it to be true right now, this looks like a bearish pennant could be forming, with a potential break down to lower levels.

CryptoMoe81 CryptoMoe81 BTCUSDT, 720, Short ,
BTCUSDT: BITCOIN (#BTC): Bearish Flag - downtrend will continue
137 0 3
BTCUSDT, 720 Short
BITCOIN (#BTC): Bearish Flag - downtrend will continue

As was predicted even couple of days before, BTC is going down. It finished forming of reversal "Head and Shoulders" pattern and the price dropped again below $9000. Now, on 12H TF, you can see the well-known figure named "bearish flag" with the prospect of downtrend will continue. Let's take a look at EMA trend lines - possible "Golden Cross" failed (purple ...

WillN12416 WillN12416 XRPBTC, 30, Short ,
XRPBTC: XRP/USD (XRP/BTC, XRPM18) - Short Term Bear Flag
440 7 3
XRPBTC, 30 Short
XRP/USD (XRP/BTC, XRPM18) - Short Term Bear Flag

Whats up Guys, Bitcoin dumped yesterday and like ive mentioned before, the alt coin market went with it. In a much shorter time frame than my previous ripple chart, we're looking at a bear pennant formed (symmetrical triangle). Showing all the signs of a dump, but like we already know, we need confirmations before putting our money where our brains are. Set ...

WillN12416 WillN12416 ETHUSD, 15, Short ,
ETHUSD: ETH/USD Bear Pennant Formed
208 1 2
ETHUSD, 15 Short
ETH/USD Bear Pennant Formed

Look for a breakout below the bottom line of the Speculative Bear Pennant for a great short opportunity - dont get greedy and take your profits / then reanalyze. Its better to miss MORE profit that lose money. As always, intelligent disagreement welcome

WillN12416 WillN12416 XBTUSD, 15, Short ,
XBTUSD: BTCUSD Bear Flag Painted on 5 and 15 Min
33 0 2
XBTUSD, 15 Short
BTCUSD Bear Flag Painted on 5 and 15 Min

Short Term Bear Flag Painted on the 5 and 15 Minute BTC USD Chart Wait for a 5min Bar Close below the lower flag line - and short - Target Close around 7600-7700 Medium Leverage Tight Stop Loss in case it reverses fast LEGEND Purple Lines - Speculative Bear Flag Lines As always, intelligent disagreement is welcome https://www.bitmex.com/register/2Zkkvg

DrDovetail DrDovetail BTCUSD, 240, Short ,
BTCUSD: bearish brkdown of bear pennant; below Head & Shoulders neckline
110 1 4
BTCUSD, 240 Short
bearish brkdown of bear pennant; below Head & Shoulders neckline

the bear pennant did what probability expected it to do and finally broke down...as it did it has now dipped below the neckline of the head and shoulders. There is a chance on the new 4 our candle that one of our 4 support lines can break its fall and bounce it back above the neckline of the head and shoulder before this 4 hour candle closes to prevent it from ...

Stevie011 Stevie011 BTCUSD, 15, Short ,
BTCUSD: BTCUSD Bear Flag/Pennant 15m Bitfinex
104 0 2
BTCUSD, 15 Short
BTCUSD Bear Flag/Pennant 15m Bitfinex

Could this be a bearish signal?

Raizen______ Raizen______ XBTUSD, 60,
XBTUSD: BTC Bearish pennant
142 1 3
XBTUSD, 60
BTC Bearish pennant

Bearish pennant

VonCrypto VonCrypto BTCUSD, 240, Short ,
BTCUSD: BTC potential bullish fakeout before continued down trend
143 0 2
BTCUSD, 240 Short
BTC potential bullish fakeout before continued down trend

BTC Price action on 4hourly has, as in many micro formations, created another bearish pennant. Lower timeframes showing some bullish support and comparing formation with previous bearish pennants of similar size we price could have a bullish fakeout before continued down trend. $5,600k is a price target I have been watching from several angles and given the ...

ijoeah ijoeah BTCUSD, 60, Short ,
BTCUSD: Bear Pennant leading to a continuation of a downtrend
95 0 5
BTCUSD, 60 Short
Bear Pennant leading to a continuation of a downtrend

Classic Bear pennant or symmetrical triangle combined with India Bank FUD pointing to the continuation of a downtrend.

DaDude DaDude BTCUSD, 60, Short ,
BTCUSD: Bitcoin Pennant
205 0 4
BTCUSD, 60 Short
Bitcoin Pennant

BTC looks bearish. The OBV indicator reveals what direction we are heading for. If you want the target apply the pole to the downside

Slyx737 Slyx737 EOSBTC, 120,
EOSBTC: EOS on 2HR timeframe.
90 0 1
EOSBTC, 120
EOS on 2HR timeframe.

Always watch your volume. If the price breaks to the downside of the neckline there is potential support at the .5 fib levels as well as Senkou B unless the Kumo begins to twist.

DrDovetail DrDovetail BTCUSD, 240, Short ,
BTCUSD: Bulls not ready to let bears call check mate just yet.
283 0 3
BTCUSD, 240 Short
Bulls not ready to let bears call check mate just yet.

After three consecutive bearish candles under the bearflag it seemed as if breakout was confirmed and then suddenly a huge bullish slingshot cast the bulls upward again somehow closing back inside the bearflag and keeping it still in play and suddenly the chess match between the bears and bulls goin on inside the bearflag was back on even with the bulls down to ...

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