FX.co ★ #Bitcoin M5: Double Bottom

The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 98700.15; the lower boundary is 98337.77. The width of the pattern is 34763 points. In case of a break of the upper boundary 98700.15, 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.