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Bullish Rectangle
was formed on 19.04 at 17:03:40 (UTC+0)
signal strength 1 of 5

Bullish Rectangle #Bitcoin M5

According to the chart of M5, #Bitcoin formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 85457.12 and support 85308.07. In case the resistance level 85457.12 - 85457.12 is broken, the instrument is likely to follow the bullish trend.

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

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Instrument
Timeframe
Trend
Signal Strength
 
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