FX.co ★ Patterns #Bitcoin | Taux de change du Bitcoin sur le marché Forex

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.

The Double Top pattern has been formed on #Bitcoin H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 63938.86 is broken, the downward movement will continue.

According to the chart of D1, #Bitcoin formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 67292.72, the lower border is 57808.25. The signal means that a short position should be opened after fixing a price below the lower border 57808.25 of the 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.

The technical pattern called Head and Shoulders has appeared on the chart of #Bitcoin M5. There are weighty reasons to suggest that the price will surpass the Neckline 63741.38/63754.32 after the right shoulder has been formed. So, the trend is set to change with the price heading for 63754.17.

The Triple Top pattern has formed on the chart of the #Bitcoin M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 63619.10/63735.31 with the upper limit 63967.65/64068.77; the projection of the width is 34855 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 63619.10, the price is most likely to continue the downward movement.

According to the chart of D1, #Bitcoin formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 67292.72, the lower border is 57808.25. The signal means that a short position should be opened after fixing a price below the lower border 57808.25 of the Bearish Rectangle.

The Triple Bottom pattern has formed on the chart of #Bitcoin M5. Features of the pattern: The lower line of the pattern has coordinates 62966.35 with the upper limit 62966.35/62841.65, the projection of the width is 23108 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 62735.27, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on #Bitcoin M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 63786.79 is broken. The further movements will rely on the width of the current pattern 48488 points.

According to the chart of D1, #Bitcoin formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 67292.72, the lower border is 57808.25. The signal means that a short position should be opened after fixing a price below the lower border 57808.25 of the Bearish Rectangle.