signal strength 4 of 5
The Double Bottom pattern has been formed on #Bitcoin H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 94291.97 is broken. The further movements will rely on the width of the current pattern 70503 points.
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
- 2
- 3
- 4
- 5
The Double Bottom pattern has been formed on #AAPL M15. Characteristics: the support level 198.49; the resistance level 200.40; the width of the pattern 191 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to M5, GBPJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 194.07/193.98 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 105092.75
The M5 and M15 time frames may have more false entry points.
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