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FX.co ★ #Bitcoin H1: Double Top

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Technical Analysis Patterns

2025-05-22T21:00:29
Signal strength 4 of 5

#Bitcoin H1: Double Top

Double TopOn the chart of #Bitcoin H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 111951.72; the lower boundary 110239.46; the width of the pattern 171226 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 110239.10 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #Bitcoin