FX.co ★ #Bitcoin M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #Bitcoin M5. Features of the pattern: The lower line of the pattern has coordinates 116154.33 with the upper limit 116154.33/115498.43, the projection of the width is 105419 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 115100.14, the price is most likely to continue the upward movement.