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Bitcoin (BTC/USD) Bull pennant 15 min

Bitcoin (BTC/USD) 15 minConfirmed Nov 05, 00:45 UTC+8

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

Bull pennant: Active

Target81,664.8
First target81,133.6
Confirmation80,602.4
Invalid at79,986.6

Last 80,144.4, 0% of the way to target (target is 1.32% from confirmation).


Timeframe15 min
ConfirmedNov 05, 00:45
Duration2.3 h
Reward / risk1.73

What this tells you

A sharp rise followed by a small converging triangle; an upside break usually continues the rally.

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Swing points

PointTime UTC+8Price
Pole baseNov 04, 20:1577,893.4
Pole topNov 04, 23:1581,113.0
Pullback lowNov 04, 23:4580,075.4
ConfirmationNov 05, 00:4580,602.4

Recently closed Bull pennant patterns: 9 in total, 5 reached the target first (56%), 4 were invalidated and 0 expired (small sample). 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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