RomanoRnr

BTCUSD Double Top ?

BITSTAMP:BTCUSD   Bitcoin / Dollar
Will it be a double top or a real reversel.
This is not one of my best charts, the best thing is to just wait this uptrend trend out.
Not even close to a double top. That is just a resistance line. A double top would have two very clear, distinct mountains with peaks and tops. basically what you have here does not have any neckline where the first "top" that you labeled is at. There needs to be a trend the proceeds the tops in order for it to be legit. In this case it would have to have up trend then top and then back down.

Now this chart shows what a triple top is.
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