BTCUSD Full of double top ready to dump hard ?
Updated
Full detailed analysis :
As we can see price had successful breakout to downside and broke strong support of trendline and more fall is expected after retest this Breakout .
Two charts shared and the that is the reason of our Title too
1.first chart: we can see major double top that is forming and we may have huge correction after breaking neckline support that is around price 52700$ and targets that we are looking for mentioned on chart with green lines and red path.
2.Second chart : we have two double top that formed and price had successful breakout of neckline and results are obvious on chart and we shared short analysis around both of them .
Notice :what about Bullish market and what are some conformation for that ?
2 major reasons can pump price and they are:
A. we are waiting for retest of this green trendline that broke if that not happen and price go above green trendline that increase potential of rise :
what is expected now:
B. if strong resistance of 60K broke then again that increase potential of rise .
DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<press like👍 if you enjoy💚>>
As we can see price had successful breakout to downside and broke strong support of trendline and more fall is expected after retest this Breakout .
Two charts shared and the that is the reason of our Title too
1.first chart: we can see major double top that is forming and we may have huge correction after breaking neckline support that is around price 52700$ and targets that we are looking for mentioned on chart with green lines and red path.
2.Second chart : we have two double top that formed and price had successful breakout of neckline and results are obvious on chart and we shared short analysis around both of them .
Notice :what about Bullish market and what are some conformation for that ?
2 major reasons can pump price and they are:
A. we are waiting for retest of this green trendline that broke if that not happen and price go above green trendline that increase potential of rise :
what is expected now:
B. if strong resistance of 60K broke then again that increase potential of rise .
DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<press like👍 if you enjoy💚>>
Note
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
Disclaimer
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