was formed on 09.05 at 17:54:49 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 103747.89/102817.31 whereas the lower border goes across 102101.70/102817.31. The pattern width is measured on the chart at 164619 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 102817.31 is broken, the price could continue its move toward 102817.50.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
