BOREARIS

Bitcoin (BTC/USD) Bear pennant 15 min

Bitcoin (BTC/USD) 15 minConfirmed Nov 03, 01:30 UTC+8

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bear pennant: First target, then break-even

Target76,719.3
First target76,880.8
Confirmation77,042.4
Invalid at77,636.9
Move+0.00%

Timeframe15 min
ConfirmedNov 03, 01:30
ClosedNov 03, 01:45
Duration0.5 h
Reward / risk0.54

What this tells you

A sharp drop followed by a small converging triangle; a downside break usually continues the decline.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Pole baseNov 02, 21:3078,132.0
Pole bottomNov 02, 23:4577,153.0
Bounce highNov 03, 00:0077,581.0
ConfirmationNov 03, 01:3077,042.4

Recently closed Bear pennant patterns: 13 in total, 8 reached the target first (62%), 5 were invalidated and 0 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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