FX.co ★ Patterns #Bitcoin | Taux de change du Bitcoin sur le marché Forex
#Bitcoin M15
Triple Top
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 80939.55, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 77092 points.
#Bitcoin M15
Double Top
The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 81710.47; the lower boundary 80939.55; the width of the pattern is 75028 points. Sell trades are better to be opened below the lower boundary 80939.55 with a possible movements towards the 80939.33 level.
#Bitcoin M5
Double Top
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 81670.40; the lower boundary 80939.55; the width of the pattern is 75028 points. Sell trades are better to be opened below the lower boundary 80939.55 with a possible movements towards the 80939.40 level.
#Bitcoin M15
Head and Shoulders
The #Bitcoin M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 81323.94, the Neckline and the upward angle are at 80724.42/80799.60. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #Bitcoin will go towards 80799.38.
#Bitcoin M5
Triple Top
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 79323.25, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 122186 points.
#Bitcoin M5
Double Bottom
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 79281.68 is broken. The further movements will rely on the width of the current pattern 60600 points.
#Bitcoin M15
Double Top
On the chart of #Bitcoin M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 78807.68; the lower boundary 78568.68; the width of the pattern 23900 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 78568.45 level.
#Bitcoin M15
Double Top
On the chart of #Bitcoin M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 78805.68; the lower boundary 78585.18; the width of the pattern 22050 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 78584.95 level.
#Bitcoin M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of the #Bitcoin M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 78296.18/78208.18.
#Bitcoin M5
Double Bottom
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 78208.18 is broken. The further movements will rely on the width of the current pattern 9100 points.
