░▒₿▒░ 💀 DOUBLE TOP 💀 | 1D ░▒₿▒░

By CRYPTIK1
Updated
BTCUSD

Bitcoin - Spread Double Top Descending.

This is currently an increasing probability. Dec. 13-16th is the time area where this will be determined.

snapshot

We would need to break the blue dotted trend line to further increase the odds of this senerio and probability solidification. While this scenario does have a likelihood of breaking the current trend .... The odds are apparently less likely that this scenario will be technically considered a "Double Top" and reach below 29K for a considerable amount of time, let alone any.

I'll be posting more as I see a major bull pattern playing out that needs further analysis.


~Memento Mori
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
S1,S2, & S3 Support Levels broken.
Comment
snapshot

With Support Levels broken we're skating by a trend line support as depicted with blue dotted line.
Comment
snapshot

***FOR THE HOLDRS'

The (Sell If We Are Below This Line) blue line below the dotted is a place I'd sell if I were a Hodlr rarely selling/trading.

Any Lawyer Would Recommend Against Taking Financial Advice From A ChatBot.... And So Do I.
Comment
snapshot

Blue Dotted Trend Line Support Broken. We're now headed for an longer time resolution trend line as shown in Pink Line.
Comment
snapshot

Quick Trade On This Candle.
Comment
New Lower Price For Next Entry. Will Try And Post.
Comment
Around $50-51K
Comment
snapshot

Next Move Planned.
Comment
3.3%
Comment
snapshot

Another 3 Fib. Support Levels plummeted through. I took a quick break and missed this one. Will need to wait for a return. 10K candle to the down. With a massive gap. Gap to be filled @ $48,600.
Comment
snapshot

Load New Bars feature is not available for Kagi, Renko, Line Break, PnF and Range charts.

-A Screenshot will surely do.
Comment
snapshot
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDcryptik1Double TopDouble Top or Bottom
CRYPTIK1

Related publications

Disclaimer