was formed on 11.01 at 18:04:50 (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 94161.43/94445.81 whereas the upper border goes across 94747.75/94445.81. 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 94445.96.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
