FX.co ★ Patterns #Bitcoin | Bitcoin cryptocurrency Rate in the Forex market

The Triple Top pattern has formed on the chart of #Bitcoin M30 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 77114.13 may confirm the bearish scenario. The projected peak-to-trough width is 35408 points.

The Bullish Rectangle has formed on the #Bitcoin M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 77443.98 and its support is at 77270.53. A breakout above the resistance zone at 77443.98–77443.98 is likely to signal a continuation of the bullish trend.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 78781.09, its lower boundary is at 78500.30, and its width is 30447 points. A short position may be considered below the lower boundary at 78500.30, with a potential target at 78500.15.

The Triple Bottom pattern has formed on the #Bitcoin M5 chart. It has the following characteristics: resistance at 77188.91; support at 76500.59; pattern width of 68832 points. If the confirmation resistance at 77373.19 is broken, the price is likely to continue upward by at least 71685 points.

The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern with resistance at 80826.87/80825.83, support at 80443.25/80637.55, and a width of 38362 points. A break below the confirmation support at 80443.25 may signal further downward movement.

The Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 80825.83, its lower boundary is at 80637.55, and its width is 18828 points. A break below the lower boundary is likely to confirm further downward movement toward 80637.40.

The Bearish Rectangle has formed on the #Bitcoin M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 79935.87–79935.87 and its support zone is at 79639.47–79639.47. A break below support at 79639.47 is likely to signal a continuation of the bearish trend.

The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its support is at 79646.34, its resistance is at 79935.87, and its width is 28953 points. A break above resistance may confirm a trend reversal, with the first target projected 29640 points away.

The Triple Bottom pattern has formed on the #Bitcoin M5 chart. It has the following characteristics: resistance at 80121.51; support at 79826.73; pattern width of 29478 points. If the confirmation resistance at 80554.55 is broken, the price is likely to continue upward by at least 66004 points.

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. A break below the lower boundary at 79451.20 is likely to signal a continuation of the downtrend.