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panickyChile85473

Bollinger M-Top is cooking on the 3-day Bitcoin chart

Short
Bitcoin (INDEX:BTCUSD)  
panickyChile85473  
INDEX:BTCUSD   Bitcoin
Double Top or Bottom
2
0
doubletoporbottom
The Bollinger M-Top is basically a double top pattern, where the first top deviates from standard range and the second top stay inside. The pattern is usually confirmed by a divergence in the RSI - which is also present currently. Target is usually the lower deviation level of the Bollinger Band indicator.
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