FX.co ★ #Bitcoin M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #Bitcoin M5. Features of the pattern: The lower line of the pattern has coordinates 43789.57 with the upper limit 43789.57/43727.57, the projection of the width is 40100 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 43388.57, the price is most likely to continue the upward movement.