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BTCUSD Possible Double Top on Weekly Chart

By TipsFromDips
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.
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Price violate the support zone.
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Hit 1st target @ 50%
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Double TopDouble Top or BottomFibonacciFibonacci Retracement

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