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
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- #AAPL
- #AMZN
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- M5
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The Double Bottom pattern has been formed on #FB M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #EBAY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 67.31 and 65.74 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the AUDUSD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.6356; the projection
The M5 and M15 time frames may have more false entry points.
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