Bitcoin trend reversal confirmation on the daily chart
Updated
What is the situation (UPDATE)
-Bitcoin has made a double top on the D chart
-Bitcoin is currently drawing a double top on the W chart but we need to wait the next candle close in 6 days.
-Bitcoin has made a double bottom on the 4 hrs chart but is drawing a double top with the next candle close.. we will have the confirmation in 1 hour.
-Bitcoin 2 days chart double top
*DOUBLE TOP MEAN REVERSAL CONFIRMATION UNTIL ANOTHER REVERSAL CONFIRMATION
Where is the support if we go lower.
-35600$ logarithmic fib
-33015$
-32000$
-31074$ MA21
-26286$
-23835$ biggest support
After the 4hours close i will let you know the direction....
-Bitcoin has made a double top on the D chart
-Bitcoin is currently drawing a double top on the W chart but we need to wait the next candle close in 6 days.
-Bitcoin has made a double bottom on the 4 hrs chart but is drawing a double top with the next candle close.. we will have the confirmation in 1 hour.
-Bitcoin 2 days chart double top
*DOUBLE TOP MEAN REVERSAL CONFIRMATION UNTIL ANOTHER REVERSAL CONFIRMATION
Where is the support if we go lower.
-35600$ logarithmic fib
-33015$
-32000$
-31074$ MA21
-26286$
-23835$ biggest support
After the 4hours close i will let you know the direction....
Note
2 DAYS chart double topNote
4h chart
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