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BTC update of simple analysis: Double top.

By Ftradorex
Updated
BTC is bearish but freezed as if it's in an accumulation state. If it keeps bouncing up, bullish scenario should appear to make few volume corrections left behind.
  • High volume candle needs to be corrected.
Trade closed: stop reached
Volatility is disordered now that even affects other markets. USD is probably trying to take the lead.
Trade active
snapshot

This will be the second attempt.
Trade active
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SL on profit. Always do this.
USD is on the lead. Bullish power should persist for ten candles unless there is a giant bullish spike, but I don't think so.
Trade active
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Volume correction has been done. TP would be wise. I'll let it open until second green wave appears.
Trade closed: target reached
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Chart PatternselliotwaveanalysissimpleTrend AnalysisvolumeanalysisWave Analysis
Ftradorex
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