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FibnFork

Bitcoin resistance

Short
Bitcoin (BITMEX:XBTUSD.P)  
FibnFork  
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) XBTUSD bitmex crypto
6
3
trendanalysis chartpattern indicator bitcoin xbtusd bitmex crypto
Triple top forming on strong resistance?
  • 200 Week moving average
  • 50% retrace of Feb-March decline
  • Triple bottom lows back in 2019/2020
  • RSI turning at 50
We have broken out of this pitchfork formation though, a quick break back inside would confirm bearish stance.
30 min pitchfork
snapshot
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