NaderSl
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Joined Nov 28, 2017
bitcoin
bitmex
bullish
trendanalysis
xbtusd
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Possible formation of double top as a result of attempt to liquidate shorts then confirm downtrend.
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General unique observation of repetitive patterns over 4h scale, timing/spacing confirmation, double tops confirmation & wedge breakout timing.
4
Two nested Wedges, the parent is an ascending one isn't yet ready for breakdown, and the nested one is descending, almost ready for a break up, which makes sense because the parent wedge seems to need maybe at least one more resistance testing before breaking down.
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