was formed on 26.08 at 07:29:05 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The #Bitcoin M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 26098.43, the Neckline and the upward angle are at 26043.83/26052.53. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #Bitcoin will go towards 26052.38.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
