FX.co ★ Patterns #Bitcoin | Taux de change du Bitcoin sur le marché Forex

On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 98842.93; the lower boundary 98626.49; the width of the pattern 21644 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 98626.34 level.

The Triple Bottom pattern has formed on the chart of the #Bitcoin M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 98700.15/98520.12.

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.

The Double Top reversal pattern has been formed on #Bitcoin H1. Characteristics: the upper boundary 99531.73; the lower boundary 97201.10; the width of the pattern is 245904 points. Sell trades are better to be opened below the lower boundary 97201.10 with a possible movements towards the 97200.70 level.

According to the chart of M15, #Bitcoin formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 99089.20/98152.37 whereas the lower border goes across 97427.18/98152.37. The pattern width is measured on the chart at 166202 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 98152.37 is broken, the price could continue its move toward 98152.59.

On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 97729.11; the lower boundary 97359.35; the width of the pattern 36976 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 97359.20 level.

The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 97359.35 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 94797.10; the lower boundary 93848.84; the width of the pattern is 91988 points. Sell trades are better to be opened below the lower boundary 93848.84 with a possible movements towards the 93848.69 level.

The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 93925.50; the lower boundary 93166.54; the width of the pattern is 81951 points. Sell trades are better to be opened below the lower boundary 93166.54 with a possible movements towards the 93166.39 level.

The Triple Top pattern has formed on the chart of the #Bitcoin M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -6495, support level -101347, and pattern’s width 177109. Forecast If the price breaks through the support level 90279.27, it is likely to move further down to 91887.91.