m_royaei

BTC Double Top Pattern !

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC was failed to break 46500 resistance in two attempts. Now it has formed an M pattern ( Double Top ). Also, we can see a bearish divergence in the RSI in the daily chart. So if BTC closes a 4H candle under the daily MA200 ( 45000 ), we can expect a bearish move. In that case, 43700$-43800$ can be the next support area.
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