FX.co ★ Patterns #Bitcoin | Bitcoin cryptocurrency Rate in the Forex market

The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern with resistance at 80826.87/80825.83, support at 80443.25/80637.55, and a width of 38362 points. A break below the confirmation support at 80443.25 may signal further downward movement.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 80825.83, its lower boundary is at 80637.55, and its width is 18828 points. A break below the lower boundary is likely to confirm further downward movement toward 80637.40.

The Bearish Rectangle has formed on the #Bitcoin M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 79935.87–79935.87 and its support zone is at 79639.47–79639.47. A break below support at 79639.47 is likely to signal a continuation of the bearish trend.

The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its support is at 79646.34, its resistance is at 79935.87, and its width is 28953 points. A break above resistance may confirm a trend reversal, with the first target projected 29640 points away.

The Triple Bottom pattern has formed on the #Bitcoin M5 chart. It has the following characteristics: resistance at 80121.51; support at 79826.73; pattern width of 29478 points. If the confirmation resistance at 80554.55 is broken, the price is likely to continue upward by at least 66004 points.

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. A break below the lower boundary at 79451.20 is likely to signal a continuation of the downtrend.

The Double Top reversal pattern has formed on the #Bitcoin M15 chart. Its upper boundary is at 80560.67, its lower boundary is at 80258.07, and its width is 30260 points. A break below the lower boundary is likely to confirm further downward movement toward 80257.84.

The Bullish Rectangle has formed on the #Bitcoin M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 80576.65 and its support is at 80258.07. A breakout above the resistance zone at 80576.65–80576.65 is likely to signal a continuation of the bullish trend.

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M15 chart. A break below the lower boundary at 80512.61 is likely to signal a continuation of the downtrend.

The Double Bottom pattern has formed on the #Bitcoin M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 81983.63. The projected move is based on the pattern width of 44221 points.