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FX.co ★ #Bitcoin M15: Double Bottom

#Bitcoin M15: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #Bitcoin M15. Characteristics: the support level 104607.76; the resistance level 106173.71; the width of the pattern 156595 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 149629 points.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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