was formed on 14.05 at 12:38:42 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
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 79758.16 - 0.00 and support 79563.63 – 79563.63. In case the resistance level 79563.63 - 79563.63 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength