FX.co ★ Patterns #Bitcoin | Bitcoin cryptocurrency Rate in the Forex market

According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 59896.47 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -245131 pips.

The Triple Top pattern has formed on the chart of the #Bitcoin M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 63615.45/63689.78 with the upper limit 64417.02/64525.31; the projection of the width is 80157 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 63615.45, the price is most likely to continue the downward movement.

According to the chart of M15, #Bitcoin formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 64417.02 and 63576.10 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 84092 pips. Outlook: If the upper border 64417.02 is broken, the price is likely to continue its move by 64002.89.

According to the chart of M15, #Bitcoin formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 64417.02 and support 63615.45. In case the resistance level 64417.02 - 64417.02 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 63330.24 and 62257.12 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 107312 pips. Outlook: If the upper border 63330.24 is broken, the price is likely to continue its move by 62780.03.

The Triple Bottom pattern has been formed on #Bitcoin M15. It has the following characteristics: resistance level 63836.15/63462.65; support level 61709.69/61718.95; the width is 212646 points. In the event of a breakdown of the resistance level of 63836.15, the price is likely to continue an upward movement at least to 61651.73.

The Triple Bottom pattern has been formed on #Bitcoin M30. It has the following characteristics: resistance level 63836.15/63462.65; support level 61709.69/61718.95; the width is 212646 points. In the event of a breakdown of the resistance level of 63836.15, the price is likely to continue an upward movement at least to 61651.80.

The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 66135.58 is broken, the downward movement will continue.

The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 65371.90 is broken, the downward movement will continue.

The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 62602.69 is broken, the downward movement will continue.