was formed on 18.06 at 18:00:00 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 103749.36/104525.13 and upper border is 105534.89/104525.13. The pattern width is measured on the chart at -178553 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 104525.00.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
