According to the chart of D1, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 67292.72 - 0.00 and support 57808.25 – 57808.25. In case the resistance level 57808.25 - 57808.25 is broken, the instrument is likely to follow the bearish trend. FX.co ★ #Bitcoin D1: Bearish Rectangle
Signal strength 5 of 5
#Bitcoin D1: Bearish Rectangle
According to the chart of D1, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 67292.72 - 0.00 and support 57808.25 – 57808.25. In case the resistance level 57808.25 - 57808.25 is broken, the instrument is likely to follow the bearish trend. *L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction