A double top (or double bottom) means that there is resting liquidity near them. Lots of traders have their stops at 11k, It would be the perfect opportunity for market makers to use that liquidity to fill their shorts.
Note
Get premium signals with our crypto buy & sell scanner for FREE:cryptoview.com/signals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.