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Bearish Symmetrical Triangle
was formed on 03.06 at 22:07:06 (UTC+0)
signal strength 2 of 5

Bearish Symmetrical Triangle #Bitcoin M15

According to the chart of M15, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 105120.25/105921.53 and upper border is 107085.82/105921.53. The pattern width is measured on the chart at -196557 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #Bitcoin breaches the lower border, the price could continue its move toward 105921.30.

The M5 and M15 time frames may have more false entry points.

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