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

According to the chart of D1, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 67292.72 - 0.00 and support 57808.25 – 57808.25. In case the resistance level 57808.25 - 57808.25 is broken, the instrument is likely to follow the bearish trend.

The Double Top pattern has been formed on #Bitcoin H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 63938.86 is broken, the downward movement will continue.

According to the chart of D1, #Bitcoin formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 67292.72, the lower border is 57808.25. The signal means that a short position should be opened after fixing a price below the lower border 57808.25 of the Bearish Rectangle.

According to the chart of D1, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 67292.72 - 0.00 and support 57808.25 – 57808.25. In case the resistance level 57808.25 - 57808.25 is broken, the instrument is likely to follow the bearish trend.

The technical pattern called Head and Shoulders has appeared on the chart of #Bitcoin M5. There are weighty reasons to suggest that the price will surpass the Neckline 63741.38/63754.32 after the right shoulder has been formed. So, the trend is set to change with the price heading for 63754.17.