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Bitcoin (BTC/USD) Triple bottom 1 hour

Bitcoin (BTC/USD) 1 hourConfirmed Oct 19, 10:00 UTC+8
LNLNLConfirmedClosedTarget 83,862.0Target 1 83,108.082,439.0Confirm 82,354.0Neck 82,196.0Invalid 80,458.4━ MA20 + Bollinger Bands ━ MA50 1 hour70503056.19━ RSI ━ 9MA0177.47━ MACD ━ MACD Signal10/16 01:0010/16 23:0010/18 04:0010/19 03:0010/20 01:0010/20 23:00
LNLNLConfirmedClosedTarget83,862.0Target1 83,108.082,439.0Confirm82,354.0Neck82,196.0Invalid80,458.4━ MA20 ━ MA5070503056.19━ RSI ━ 9MA0177.47━ MACD ━ MACD Signal17 11:0019 03:0020 11:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Triple bottom: First target, then break-even

Target83,862.0
First target83,108.0
Confirmation82,354.0
Invalid at80,458.4
Move+0.36%

Timeframe1 hour
ConfirmedOct 19, 10:00
ClosedOct 20, 23:00
Duration38.0 h
Reward / risk0.80

What this tells you

Price holds the same low three times; a break above the neckline suggests buyers keep defending that level and a base may be in.

Check it on the live chart

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Swing points

PointTime UTC+8Price
LowOct 17, 01:0080,641.0
NecklineOct 17, 06:0081,723.0
LowOct 18, 05:0080,667.0
NecklineOct 18, 17:0082,196.0
LowOct 19, 04:0080,530.0
ConfirmationOct 19, 10:0082,354.0

Recently closed Triple bottom patterns: 4 in total, 2 reached the target first (50%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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