signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85289.02/84955.46 whereas the lower border goes across 84612.93/84955.46. The pattern width is measured on the chart at 67609 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 84955.46 is broken, the price could continue its move toward 84955.61.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, #Bitcoin formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 94251.10, the lower border is 94078.08. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of #Bitcoin M5. Features of the pattern: The lower line of the pattern has coordinates 94416.04 with the upper limit 94416.04/94251.10
The M5 and M15 time frames may have more false entry points.
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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 M5 and M15 time frames may have more false entry points.
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