signal strength 1 of 5
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 94181.05, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 13228 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of the #Bitcoin H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 106888.42; the resistance level 107214.56; the width of the pattern 32614 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #Bitcoin formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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