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

The Bullish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 79551.92/79655.01, while its upper boundary passes through 79765.01/79655.01. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #Bitcoin is expected to break the upper boundary and move toward 79655.16.

The Triple Top pattern has formed on the chart of #Bitcoin M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 79382.39 may confirm the bearish scenario. The projected peak-to-trough width is 18567 points.

The Triple Top pattern has formed on the chart of #Bitcoin M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 77235.69 may confirm the bearish scenario. The projected peak-to-trough width is 32265 points.

The Bullish Symmetrical Triangle pattern has formed on the #Bitcoin M30 chart. Its lower boundary passes through 76610.59/78267.33, while its upper boundary passes through 79382.99/78267.33. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #Bitcoin is expected to break the upper boundary and move toward 78267.63.

The Double Top reversal pattern has formed on the #Bitcoin M30 chart. Its upper boundary is at 78322.30, its lower boundary is at 78032.68, and its width is 28220 points. A short position may be considered below the lower boundary at 78032.68, with a potential target at 78032.38.