BTCUSD Possible Double Top on Weekly Chart
Updated
BTCUSD Possible Double Top on Weekly Chart
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
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Price violate the support zone.Note
Hit 1st target @ 50%Trade closed manually
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