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FX.co ★ #Bitcoin M5: Triple Top

#Bitcoin M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of #Bitcoin M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 65137.08 may confirm the bearish scenario. The projected peak-to-trough width is 8788 points.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph