According to the chart of M30, #Bitcoin formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 72591.64 – 72591.64 and upper border 73750.01 – 73750.01. In case the lower border is broken, the instrument is likely to follow the downward trend. FX.co ★ #Bitcoin M30: Bearish Rectangle
Signal strength 3 of 5
#Bitcoin M30: Bearish Rectangle
According to the chart of M30, #Bitcoin formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 72591.64 – 72591.64 and upper border 73750.01 – 73750.01. In case the lower border is broken, the instrument is likely to follow the downward trend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade