signal strength 4 of 5
According to the chart of H1, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 81178.46/83101.84 and upper border is 85102.23/83101.84. The pattern width is measured on the chart at -392377 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #Bitcoin breaches the lower border, the price could continue its move toward 83101.44.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
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- 4
- 5
On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 19.72; the lower boundary 19.41; the width of the pattern 31 points
The M5 and M15 time frames may have more false entry points.
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 144.26; the lower boundary 143.67; the width of the pattern 59 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 143.67
The M5 and M15 time frames may have more false entry points.
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