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

On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 63799.59; the lower boundary 63591.71; the width of the pattern 20788 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 63591.56 level.

According to the chart of M30, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 65360.39 is likely to encourage a continuation of the downward trend.

According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 65565.70 is likely to encourage a continuation of the downward trend.

The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 65781.74; the lower boundary is 65565.70. The width of the pattern is 22225 points. In case of a break of the upper boundary 65781.74, 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 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 66296.15 is broken. The further movements will rely on the width of the current pattern 19863 points.

According to the chart of M5, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 65800.79 - 0.00 and support 65619.39 – 65619.39. In case the resistance level 65619.39 - 65619.39 is broken, the instrument is likely to follow the bearish trend.

On the chart of the #Bitcoin M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 65353.69, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 56727 points.

On the chart of the #Bitcoin M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 65353.69, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 56727 points.

On the chart of #Bitcoin M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 64351.11; the lower boundary 63399.31; the width of the pattern 95180 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 63399.01 level.

On the chart of #Bitcoin H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 64351.11; the lower boundary 63399.31; the width of the pattern 95180 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 63398.91 level.