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FX.co ★ #Bitcoin M5: Bearish Rectangle

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Technical Analysis Patterns

2026-06-15T09:24:32
Signal strength 1 of 5

#Bitcoin M5: Bearish Rectangle

Bearish RectangleAccording to the chart of M5, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 65800.79 - 0.00 and support 65619.39 – 65619.39. In case the resistance level 65619.39 - 65619.39 is broken, the instrument is likely to follow the bearish trend.
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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Other patterns by #Bitcoin