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nmhung520
Mar 20, 2018 10:30 AM

Double top with bearish patterns Short

BITFINEX:BTCUSD240
Bitcoin / DollarBitfinex

Description

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Hi everyone,
First, we can see a Double top pattern here, with the top at around 8600 which is all so the strong resistance. The bottom of this pattern is 7376.
Second, we have two bearish patterns on top with the name Shooting Star or Evening Star.

how-trade-forex.com/wp-content/uploads/2017/01/The-bullish-morning-star-and-the-bearish-evening-star-844x450.png

So now the price will consolidate at resistance line for a while before the time comes: BEARISH TIME :))))

Trade closed manually

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Pattern was broken.
This might be caused by the results of G20 summit 2018, people have faith to buy more Bitcoins which leads to increasing high volume in market cap.
Trend AnalysisChart PatternsBitcoin (Cryptocurrency)cryptoDouble TopEvening StarShooting StarBearish Patterns
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