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FX.co ★ #Bitcoin M15: Double Top

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Technical Analysis Patterns

2020-12-03T12:15:12
Signal strength 2 of 5

#Bitcoin M15: Double Top

Double TopOn the chart of #Bitcoin M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 19419.76; the lower boundary 19114.75; the width of the pattern 30501 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 19114.53 level.
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