signal strength 2 of 5

According to the chart of M15, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 104531.88 while the median line of the Neck is set at 106415.11/106138.63. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #Bitcoin will go towards 106138.90.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Bearish pennant pattern has formed on the #NTDOY H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new windowThe Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 312.63
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new window