logo

FX.co ★ #Bitcoin M5: Double Bottom

#Bitcoin M5: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 58703.31; the lower boundary is 58447.80. The width of the pattern is 25350 points. In case of a break of the upper boundary 58703.31, 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 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
Go to the patterns list Go to graph