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Double Bottom
was formed on 26.08 at 14:24:37 (UTC+0)
signal strength 1 of 5

Double Bottom #Bitcoin M5

The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 78910.69, its lower boundary is at 78313.32, and its width is 61418 points. A break above the upper boundary at 78910.69 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The M5 and M15 time frames may generate more false entry signals.

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Timeframe
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Signal Strength
 
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