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Bearish Symmetrical Triangle

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was formed on 02.04 at 15:16:29 (UTC+0)
signal strength 1 of 5

Bearish Symmetrical Triangle #Bitcoin M5

According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 83970.22 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -166370 pips.

The M5 and M15 time frames may have more false entry points.

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Bearish Symmetrical Triangle