signal strength 2 of 5
According to the chart of M15, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 83121.29/83823.64 and upper border is 84297.08/83823.64. The pattern width is measured on the chart at -117579 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #Bitcoin breaches the lower border, the price could continue its move toward 83823.41.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
- All
- Buy
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On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.62; the lower boundary 86.28; the width of the pattern 34 points
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.8779
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #TSLA M5. Characteristics: the support level 272.37; the resistance level 279.03; the width of the pattern 666 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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