Bitcoin’s dual double-top patterns signal heightened short-term downside risk. The first top’s neckline break projects a move toward ~80K$. A second 4H double top, if confirmed, adds a lower target near 75K$. Volume declining on each peak confirms weakening buying pressure. Watch for neckline retests as potential resistance before continuation down. Confirmation requires a 1h close below key support, not just a wick.
so for now first 1h double top can lead price to the neck line of next double top which is the blue one and if the support of the second one breaks dump to 75K$ is ahead.
✍🏼Author's word: Like & comment(your thoughts) if you found it helpful.🩷
so for now first 1h double top can lead price to the neck line of next double top which is the blue one and if the support of the second one breaks dump to 75K$ is ahead.
✍🏼Author's word: Like & comment(your thoughts) if you found it helpful.🩷
Trade attivo
The chart pattern previously identified as a potential double top now appears to be evolving into a triple top formation. The neckline remains the same critical support level. A breakdown below this neckline would confirm the pattern and signal a significant bearish move.Trade chiuso: obiettivo raggiunto
Targets hit soon new update will publish.
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Bybit #2 exchange. New users: get up to $35K rewards + $100 free bonus via my link. 👇
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My telegram channel: t.me/mmbtchannel
VIP Channels:
Crypto +390% & Forex:+600Pips monthly.
check My telegram for more info VIPs.
bit.ly/3Ry64DB
My telegram channel: t.me/mmbtchannel
VIP Channels:
Crypto +390% & Forex:+600Pips monthly.
check My telegram for more info VIPs.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.