FX.co ★ #Bitcoin M5: Double Bottom

The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 62535.05; the lower boundary is 62268.95. The width of the pattern is 26801 points. In case of a break of the upper boundary 62535.05, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.