FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M15 chart. A break below the lower boundary at 80512.61 is likely to signal a continuation of the downtrend.

The Double Bottom pattern has formed on the #Bitcoin M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 81983.63. The projected move is based on the pattern width of 44221 points.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 81568.69, its lower boundary is at 81443.49, and its width is 11440 points. A short position may be considered below the lower boundary at 81443.49, with a potential target at 81443.34.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 81551.88, its lower boundary is at 81199.47, and its width is 36922 points. A short position may be considered below the lower boundary at 81199.47, with a potential target at 81199.32.

The Bearish Pennant pattern has formed on the #Bitcoin M5 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 81826.41.