Btc followed the last analysis i published and its currently trading at the previous high ($50.5k), chart indicates a strong resistance zone that'd make it vulnerable to a huge fall to 44k in the event it fails to break. Double top pattern also seems feasible as the uptrend was effected by a double bottom which is basically how a double top evolves. Before taking a new long position wait for a close above the previous high with a valid retest. All other vital have neen provided on chart.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Order cancelled:
BTC broke the resistance level and the bearish double top pattern has failed. Following the analysis on the chart, bitcoin shows a bull sign and would come up in the coming days. Targets are $53k then $57.5k
