signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 81505.64/82241.48 and upper border is 82843.91/82241.48. The pattern width is measured on the chart at -133827 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 82241.33.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- EURNZD
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- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
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- USDRUB
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According to the chart of H1, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 32.34, the lower border is 31.71. The signal means
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According to the chart of M30, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 32.34, the lower border is 31.71. The signal means
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The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 71.80
The M5 and M15 time frames may have more false entry points.
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