FX.co ★ #Bitcoin H1: Double Bottom
Signal strength 4 of 5
#Bitcoin H1: Double Bottom
The Double Bottom pattern has been formed on #Bitcoin H1; the upper boundary is 47580.30; the lower boundary is 46502.80. The width of the pattern is 122099 points. In case of a break of the upper boundary 47580.30, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade