FX.co ★ Modèles réels. Analyse technique et recommandations de trading

On the chart of #Bitcoin M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 108196.50; the lower boundary 107810.44; the width of the pattern 38606 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 107810.20 level.

The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 108059.29 is broken, the downward movement will continue.

According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 107810.44 is likely to encourage a continuation of the downward trend.

The Bullish pennant signal – Trading instrument #Bitcoin M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 108182.82, with the prospect of the next move being a projection of the flagpole height.

The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 108036.85 is broken, the downward movement will continue.