signal strength 2 of 5
On the chart of the #Bitcoin M15 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 87006.26, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 61130 points.
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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The Double Top pattern has been formed on #MA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 540.18
The M5 and M15 time frames may have more false entry points.
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On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 541.24; the lower boundary 529.93; the width of the pattern 1131 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #INTC M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.53 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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