Take time to look at other trading pairs to get perspective. In my BTCUSD chart I was calling a double top, but here, we see something a little different.
A bearish channel can't be confirmed yet- we must touch the bottom line at least twice. But it's definitely within the realm of possibility.
Also take into account that many other charts exhibit this trend- XRP, ETH, ETC, etc.
A bearish channel can't be confirmed yet- we must touch the bottom line at least twice. But it's definitely within the realm of possibility.
Also take into account that many other charts exhibit this trend- XRP, ETH, ETC, etc.