The Bitcoin chart shows signs of weakening of the current upward movement.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 112633.55. Now the […]
The pressure on Bitcoin is easing. This could lead to a reversal in the price movement.A Double Bottom pattern has formed on the chart, indicating a possible upward reversal. An important signal to confirm of this pattern is the breakthrough of the neck line located at the level 111691.75. A breakdown of the neckline endorses […]
The downward pressure is losing momentum. We may see a change in the direction of Bitcoin in the near future.A Double Bottom pattern is being formed on the chart. The key element to confirm the pattern is the breakdown of the neck line, which is drawn through the high points between the two troughs at […]
The EURGBP pattern revealed on the chart indicates weakness in upward momentum.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 0.86454. Now the […]
The EURUSD chart shows signs of decaying upward momentum.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 1.17308. Now the price has broken […]
The EURGBP chart shows the signs of weakening upward momentum. The formed patterns indicate a possible slowdown in growth momentum and an increase in the probability of a correction trend.A classic Double Top reversal pattern is being formed on the chart. The breakdown of the neckline at the level of 0.86454 serves as the main […]
