thegio
Short

Double top ready to pop!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
after a long green leg I'm expecting btc             to correct down to the bottom of the channel.
It is also a good moment to correct to take some energy for the next breakthrough test.

* this is just my opinion, just for educational purpouse
Comment: red zone is bearish downtrend
green zone bull uptrend
in between is the limbo of the zigzag, pump dump, I stay away!
Comment: volume still very low compared to the past -> liquidity problem due to missing market
Comment: if yellow circle zone then possible ascending triangle (bull trend) to breakthrough the resistance
Comment: number of btc longs still increasing
and shorts are decreasing....
Comment: now is a triple top!
Comment: ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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