signal strength 1 of 5
The Triple Top pattern has formed on the chart of the #Bitcoin M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 104587.78/104983.17 with the upper limit 105520.92/105789.00; the projection of the width is 93314 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 104587.78, the price is most likely to continue the downward movement.
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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- AUDCHF
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- NZDUSD
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On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8014; the lower boundary 0.8004; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 107179.04 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 107179.04/107022.10; support level 106791.83/106811.21; the width is 38721 points. In the event
The M5 and M15 time frames may have more false entry points.
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