ProsperousForex
Short

BTCUSD DOUBLE TOP COMPLETED!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hey Traders,

Simply said we have got Double Top here and a bull trap has been set as we mentioned last week.
For shorts retest to 8300 if we see nice bearish price action confirmed by the volume - hit the sell button.
For longs 6000 is our hot spot. It is a psychological number + monthly support level + weekly 50 fibo.

Let's see how they play this out.


Good luck guys!
sell on the retest make sense !
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Yep descent double top I agree I am also bearish now
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Correct me if I'm wrong but I just see a single top
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ProsperousForex Adam_Polinak
@Adam_Polinak, Well I can see double top here because price tested that level twice
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