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

#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.
Today 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.
Today 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.
Today 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.
Today 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.
Today at 2:15 (UTC+0)

#Bitcoin M5

Bearish Rectangle
According to the chart of M5, #Bitcoin formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 97371.44, the lower border is 96806.27. The signal means that a short position should be opened after fixing a price below the lower border 96806.27 of the Bearish Rectangle.
Yesterday at 17:10 (UTC+0)

#Bitcoin M5

Double Bottom
The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 96806.27; the resistance level 97371.44; the width of the pattern 56517 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 54184 points.
Yesterday at 16:45 (UTC+0)

#Bitcoin M5

Triple Top
The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 111, support level -14405, and pattern’s width 42877. Forecast If the price breaks through the support level 97432.24, it is likely to move further down to 97929.57.
Yesterday at 11:49 (UTC+0)

#Bitcoin M5

Triple Top
The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -12946, support level -15230, and pattern’s width 47599. Forecast If the price breaks through the support level 96587.44, it is likely to move further down to 97145.26.
Yesterday at 5:39 (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 95200.42/96587.44 with the upper limit 97092.90/97145.41; the projection of the width is 189248 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 95200.42, the price is most likely to continue the downward movement.
Yesterday at 4:44 (UTC+0)