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FX.co ★ Patterns #Bitcoin | Bitcoin cryptocurrency Rate in the Forex market

#Bitcoin M15

Double Top
The Double Top pattern has been formed on #Bitcoin M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 96301.09 is broken, the downward movement will continue.
Yesterday at 21:15 (UTC+0)

#Bitcoin M30

Bearish Rectangle
According to the chart of M30, #Bitcoin formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 94823.89 – 94823.89 and upper border 96466.68 – 96466.68. In case the lower border is broken, the instrument is likely to follow the downward trend.
Yesterday at 12:25 (UTC+0)

#Bitcoin M15

Bearish Rectangle
According to the chart of M15, #Bitcoin formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 94823.89 – 94823.89 and upper border 96466.68 – 96466.68. In case the lower border is broken, the instrument is likely to follow the downward trend.
Yesterday at 10:18 (UTC+0)

#Bitcoin M30

Bearish Rectangle
According to the chart of M30, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 96466.68 - 0.00 and support 94823.89 – 94823.89. In case the resistance level 94823.89 - 94823.89 is broken, the instrument is likely to follow the bearish trend.
Yesterday at 10:18 (UTC+0)

#Bitcoin M5

Bearish Symmetrical Triangle
According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 94912.67 is likely to encourage a continuation of the downward trend.
Yesterday at 0:21 (UTC+0)

#Bitcoin M5

Triple Bottom
The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 98100.99/98001.01; support level 97873.91/97833.56; the width is 22708 points. In the event of a breakdown of the resistance level of 98100.99, the price is likely to continue an upward movement at least to 97845.09.
11 February at 11:25 (UTC+0)

#Bitcoin H1

Double Top
The Double Top pattern has been formed on #Bitcoin H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 96806.27 is broken, the downward movement will continue.
11 February at 10:00 (UTC+0)

#Bitcoin M5

Bullish Rectangle
According to the chart of M5, #Bitcoin formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 98454.54, the lower border is 98073.08. The signal means that a long position should be opened above the upper border 98454.54 of the Bullish Rectangle.
11 February at 8:42 (UTC+0)

#Bitcoin M5

Triple Top
On the chart of the #Bitcoin M5 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 98083.14, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 37140 points.
11 February at 7:55 (UTC+0)

#Bitcoin M5

Triple Top
The Triple Top pattern has formed on the chart of the #Bitcoin M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 97720.23/97853.96 with the upper limit 98107.61/98070.48; the projection of the width is 38738 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 97720.23, the price is most likely to continue the downward movement.
11 February at 2:15 (UTC+0)