FX.co - Actual patterns. Instrument: #Bitcoin: 1

There is nothing more precious to a trader than an ability to predict a further price movement. Technical analysis is a key to your successful transaction. At the same time, you can rely on common and recurring situations that arise in the same circumstances. Our Technical Analysis Patterns section features all trading recommendations based on the technical analysis patterns that help traders make projections and turn a profit.

Instrument:

1 selected

#Bitcoin

EURCHF

EURGBP

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EURUSD

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AUDCAD

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AUDUSD

GBPUSD

GBPJPY

GBPAUD

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GOLD

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#AAPL

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Figure:

All

Triangle

Rectangle

Pennant

Flag

Head and Shoulders

Double Top

Triple top

Timeframe:

All

M5

M15

M30

H1

D1

Signal strength:

All

High

Medium

Low

Signal direction:

All

Buy

Sell

#Bitcoin

#Bitcoin M5

The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 67706.42; the lower boundary 67567.32; the width of the pattern is 15295 points. Sell trades are better to be opened below the lower boundary 67567.32 with a possible movements towards the 67567.17 level.

2024-06-01T03:55:23

#Bitcoin M5

The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 67981.84; the lower boundary is 67848.84. The width of the pattern is 13374 points. In case of a break of the upper boundary 67981.84, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

2024-05-31T10:05:17

#Bitcoin H1

The Double Bottom pattern has been formed on #Bitcoin H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 68850.65 is broken. The further movements will rely on the width of the current pattern 168110 points.

2024-05-29T23:00:24

#Bitcoin M30

The Double Bottom pattern has been formed on #Bitcoin M30. Characteristics: the support level 67090.23; the resistance level 67677.74; the width of the pattern 58751 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 60369 points.

2024-05-29T22:00:23

#Bitcoin M30

The Double Top reversal pattern has been formed on #Bitcoin M30. Characteristics: the upper boundary 68855.59; the lower boundary 67169.55; the width of the pattern is 168110 points. Sell trades are better to be opened below the lower boundary 67169.55 with a possible movements towards the 67169.25 level.

2024-05-29T06:30:21

#Bitcoin M15

On the chart of the #Bitcoin M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 68017.95, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 53179 points.

2024-05-29T01:30:22

#Bitcoin M5

The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 68304.86; the resistance level 68615.01; the width of the pattern 31015 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 30109 points.

2024-05-27T07:20:14

#Bitcoin M5

Bullish Rectangle

According to the chart of M5, #Bitcoin formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 69012.52 – 69012.52 and upper border 69299.60 – 69299.60. In case the upper border is broken, the instrument is likely to follow the upward trend.

2024-05-27T03:08:40

#Bitcoin M5

The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 68961.27/68905.02; support level 68634.97/68658.33; the width is 32630 points. In the event of a breakdown of the resistance level of 68961.27, the price is likely to continue an upward movement at least to 68695.56.

2024-05-26T21:00:05

#Bitcoin M5

The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 68931.90; the resistance level 69062.04; the width of the pattern 13014 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 12080 points.

2024-05-26T13:25:04