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FX.co ★ #Bitcoin H1: Double Bottom

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Technical Analysis Patterns

2024-11-02T01:00:30
Signal strength 4 of 5

#Bitcoin H1: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #Bitcoin H1; the upper boundary is 71651.10; the lower boundary is 68833.55. The width of the pattern is 277877 points. In case of a break of the upper boundary 71651.10, 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.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #Bitcoin