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

The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 105551.21; the resistance level 105745.22; the width of the pattern 19401 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 21902 points.

The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 106299.16; the lower boundary 105969.75; the width of the pattern is 31259 points. Sell trades are better to be opened below the lower boundary 105969.75 with a possible movements towards the 105969.50 level.

The Triple Top pattern has formed on the chart of the #Bitcoin M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 105969.75/106170.87 with the upper limit 106299.16/106282.34; the projection of the width is 32941 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 105969.75, the price is most likely to continue the downward movement.

The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 105358.42; the resistance level 105551.46; the width of the pattern 19304 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 19310 points.

The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 105347.39; the resistance level 105744.30; the width of the pattern 39691 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 39300 points.