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FX.co ★ #Bitcoin M5: Bearish Rectangle

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Technical Analysis Patterns

2026-10-22T01:32:58
Signal strength 1 of 5

#Bitcoin M5: Bearish Rectangle

Bearish RectangleThe Bearish Rectangle has formed on the #Bitcoin M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 84378.28–84378.28 and its support zone is at 84066.33–84066.33. A break below support at 84066.33 is likely to signal a continuation of the bearish trend.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #Bitcoin