can it be a double top when it reach 9000 again...?
RodrigoGarreton
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@jeffryang24, The possibility is, however, weakness of the continuous bearish trend has already shown, breaking r4 confirms formation shoulder shoulder inverted shoulder, until the moment they are giving all the conditions that confirm a change of tendency, in a few words, to continue so we have a good marathon at least until 12k
RodrigoGarreton
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@jeffryang24, I correct my error from the previous text, to break R2
jeffryang24
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@RodrigoGarreton, Yeah.. It must above 12k, if not it is still bearish... I also concern that the volume is not heavy enough to carry the btc price above 9000... I suspect this is also a bull trap or it may become a new foundation to 12k.
RodrigoGarreton
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@jeffryang24, yes to be honest if I look at the volume seems very loose, almost artificial