BTC Triple Top Pattern w/ break below pullback lows week of 2 May.
** Pattern complete, fully into mark-down/declining phase **
Longing here = high risk, rallies have high failure probability. Wait for accumulation trend to clearly develop before entering long.
Useful reversal signal on Weekly TF would be MA6 crossing above EMA18 along with OBV reflecting inflows.
Price Tgt ~
14K
** Pattern complete, fully into mark-down/declining phase **
Longing here = high risk, rallies have high failure probability. Wait for accumulation trend to clearly develop before entering long.
Useful reversal signal on Weekly TF would be MA6 crossing above EMA18 along with OBV reflecting inflows.
Price Tgt ~
14K
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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.