In small TF looks like its
forming the double top pattern
.
means trend is changing to downward (cannot pass the resistance)
due to current market situation, under bear pressure
.
Hope it wont fall off the global ascending channel until BTC is bottomed.
See below link for bigger TF
.
Trade safe. Always place the stop loss
Feel free to feed back / comment
.
forming the double top pattern
.
means trend is changing to downward (cannot pass the resistance)
due to current market situation, under bear pressure
.
Hope it wont fall off the global ascending channel until BTC is bottomed.
See below link for bigger TF
.
Trade safe. Always place the stop loss
Feel free to feed back / comment
.
Note
Note
For retracement it can be sideway on 24.9 until reach the major resistance again or fall down to ascending support line below. Then we will see how BTC goes againTrade closed: target reached
XXX
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.