JurjenToren
Short

Bitcoin double top

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We saw a good double top , so I expect some more down movement here !
This just looked like a correction wave to me.

Rsi is also high
Mac d is not crossing yet, but it rises

First target 6k
-------------- if we break this, if not we can test the trendline again (@ around 8.7k).
Second target 5k
-------------- if we break this
Third target 4k

I would recommend to use a stoploss slightly above the fib 38,20%
Comment:

Triple top then ? or a breakout ?
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