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FX.co ★ #Bitcoin M5: Double Top

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Technical Analysis Patterns

2024-10-29T17:45:17
Signal strength 1 of 5

#Bitcoin M5: Double Top

Double TopThe Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 72958.14; the lower boundary 72635.27; the width of the pattern is 33636 points. Sell trades are better to be opened below the lower boundary 72635.27 with a possible movements towards the 72635.12 level.
The M5 and M15 time frames may have more false entry points.
*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