was formed on 01.02 at 19:00:37 (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. The lower border of the pattern touches the coordinates 101762.12/101983.79 whereas the upper border goes across 102244.74/101983.79. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #Bitcoin will breach the upper border to head for 101983.90.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
