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Threetap

Bearish 3-tap setup on BitcoinWe have shot up to a new range high which got deviated and retested successfully (what looks like a double but it is in reality a triple top due to the swept high that preceded which is a stronger pattern to trade). We can also notice a bearish divergence in RSI. Targets marked; FVG and equal lows.
Short
by xcitedDelirium
Updated
22
A quick Bitcoin scalp - three tap setupQuite an easy pattern to spot -commonly referred to as a Triple Top as well by some resources- and a very powerful one to trade (unless you are a breakout trader! 😁). Both the bigger range and the smaller range have printed a swing point which got swept/deviated then retested. I believe we target the equal lows at the bottom of the bigger range next.
Short
by xcitedDelirium
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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