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.🩷
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Feragatname
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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
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bit.ly/3Ry64DB
My telegram channel: t.me/mmbtchannel
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check My telegram for more info VIPs.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
