DoubleTop
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ترجمة
BTC/USDT – Double Top Breakdown: Bearish Reversal in Play?
$BTC
1H Chart Analysis
⚠️ Bitcoin Forms Double Top – Neckline Broken!
Bitcoin has printed a textbook Double Top pattern on the 1-hour chart, and the neckline has officially been broken — confirming a potential bearish reversal in the short term.
---
🔍 Key Technical Signals
Double Top Completed: Classic reversal formation spotted
Neckline Breakout: Support at 80,600 has been breached
Trend Structure Shift: Short-term bullish structure has broken down
DEMA Resistance Aligns: 80,600 now acts as confluence resistance on retests
---
🎯 Trade Plan – Bearish Setup in Focus
Re-entry Opportunity: If BTC retests 80,600 and gets rejected cleanly, this will be the ideal low-risk short entry zone
Bearish Target: The downside move could stretch toward the 87,000–78,000 zone, depending on momentum and volume confirmation
---
📌 Confirmation Is Key
Don’t jump in blind. Watch for:
Weak price action near the neckline
Bearish candlestick patterns
Volume drop-off on retest
These will all reinforce the setup and boost confidence in a continuation move.
---
⚡ Bearish Setup ✅ But Trade with Discipline
This is a data-backed bearish pattern in action, but keep your stops tight and always let confirmation lead your decisions.
---
#BTCUSDT #Bitcoin #DoubleTop #BearishBreakout #CryptoSetup #TrendReversal #BinanceSquare #SmartTrading
1H Chart Analysis
⚠️ Bitcoin Forms Double Top – Neckline Broken!
Bitcoin has printed a textbook Double Top pattern on the 1-hour chart, and the neckline has officially been broken — confirming a potential bearish reversal in the short term.
---
🔍 Key Technical Signals
Double Top Completed: Classic reversal formation spotted
Neckline Breakout: Support at 80,600 has been breached
Trend Structure Shift: Short-term bullish structure has broken down
DEMA Resistance Aligns: 80,600 now acts as confluence resistance on retests
---
🎯 Trade Plan – Bearish Setup in Focus
Re-entry Opportunity: If BTC retests 80,600 and gets rejected cleanly, this will be the ideal low-risk short entry zone
Bearish Target: The downside move could stretch toward the 87,000–78,000 zone, depending on momentum and volume confirmation
---
📌 Confirmation Is Key
Don’t jump in blind. Watch for:
Weak price action near the neckline
Bearish candlestick patterns
Volume drop-off on retest
These will all reinforce the setup and boost confidence in a continuation move.
---
⚡ Bearish Setup ✅ But Trade with Discipline
This is a data-backed bearish pattern in action, but keep your stops tight and always let confirmation lead your decisions.
---
#BTCUSDT #Bitcoin #DoubleTop #BearishBreakout #CryptoSetup #TrendReversal #BinanceSquare #SmartTrading
Bumblebee256:
Did you mean Double Bottom?
ترجمة
$SHIB – Double Top Breakdown, Bears Taking Over
$SHIB formed a clear double top around the $0.00001195 zone and failed to hold key support at $0.00001172. The breakdown signals strong bearish pressure with lower highs and increasing seller momentum.
Why It Works: Classic double top breakdown with support flip, volume shift confirms bearish strength.
Trade Short Here on $SHIB
#SHIBUSDT #CryptoSignal #BinanceShort #DoubleTop #SHIBTrade
$SHIB formed a clear double top around the $0.00001195 zone and failed to hold key support at $0.00001172. The breakdown signals strong bearish pressure with lower highs and increasing seller momentum.
Why It Works: Classic double top breakdown with support flip, volume shift confirms bearish strength.
Trade Short Here on $SHIB
#SHIBUSDT #CryptoSignal #BinanceShort #DoubleTop #SHIBTrade
ترجمة
🔔🔔!! NEW signal: FTM/USDT 🔔🔔
Leverage: 20x
Direction: SHORT 📉
Entry: 0.692-0.695
Stop: 0.72
TP1: 0.679 (25%)
TP2: 0.661 (25%)
TP3: 0.648 (25%)
TP4: 0.632 (25%)
FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle
#doubletop #corrections #FTMUSD
Leverage: 20x
Direction: SHORT 📉
Entry: 0.692-0.695
Stop: 0.72
TP1: 0.679 (25%)
TP2: 0.661 (25%)
TP3: 0.648 (25%)
TP4: 0.632 (25%)
FTM has broken both the bullish trendline and a strong support level, which was also the neckline of a former double top pattern. On the daily timeframe, a bearish divergence has formed on the RSI, signaling potential weakness. Given these technical signals, I expect the overall market to experience a correction before entering the next bullish cycle
#doubletop #corrections #FTMUSD
ترجمة
Mengapa Pola Double Bisa Menjadi Sinyal Kuat?"
Isi Singkat:
Double bottom menandakan potensi pembalikan naik, sedangkan double top menandakan potensi pembalikan turun. Perhatikan volume saat pola terbentuk. Trader berpengalaman menunggu konfirmasi breakout atau breakdown sebelum entry. Barangkali teman Anda sering melewatkan pola ini?
#AnalisisTeknikal #DoubleBottom #DoubleTop #CryptoTips
Disclaimer: Pola teknikal bukan kepastian, gabungkan dengan analisis fundamental.
Isi Singkat:
Double bottom menandakan potensi pembalikan naik, sedangkan double top menandakan potensi pembalikan turun. Perhatikan volume saat pola terbentuk. Trader berpengalaman menunggu konfirmasi breakout atau breakdown sebelum entry. Barangkali teman Anda sering melewatkan pola ini?
#AnalisisTeknikal #DoubleBottom #DoubleTop #CryptoTips
Disclaimer: Pola teknikal bukan kepastian, gabungkan dengan analisis fundamental.
ترجمة
Aerousdt Double Top Formation: Is the Bullish Party Over?
🤔 Aerousdt has been making some impressive moves lately, but is this the beginning of a larger uptrend, or are we due for a correction? Let's dive into the details to figure it out.
Double Top Alert!
🚩 Aerousdt has formed a classic double top pattern near a strong resistance zone. This bearish signal suggests that a pullback to lower support levels is on the horizon.
Bullish Momentum Stalls
📈 Although Aerousdt has broken out of a long-term bearish trend, making higher highs and higher lows, the recent inability to close above the previous resistance level raises concerns about a potential reversal.
Key Support Levels to Watch
🛡️ Several crucial support zones, including the quarterly VWAP, align with Fibonacci retracement levels. The most significant support level to monitor is 1.017. A break below this level could invalidate the bullish structure and signal a bearish trend.
Upside Potential Remains
🚀 While a retracement is likely, the overall bullish trend isn't completely off the table. If Aerousdt bounces off support, it could potentially retest resistance levels around 2.223, with further targets at 2.49 and 2.92 if the bullish momentum reignites.
What to Watch For
👀 The immediate future of Aerousdt depends on whether the bulls can defend the critical support levels and reignite the bullish momentum.
Trading Tips
💎 Be patient and wait for confirmation at support zones before entering trades.
💎 Avoid chasing unconfirmed breakouts.
💎 Focus on high-probability setups and trade with discipline.
Remember, consistency is key! Treat the market with respect and trade with a clear strategy.
Stay tuned for more updates on Aerousdt and other exciting cryptocurrencies!
#Aerousdt #Cryptocurrency #Trading #Analysis #DoubleTop
Double Top Alert!
🚩 Aerousdt has formed a classic double top pattern near a strong resistance zone. This bearish signal suggests that a pullback to lower support levels is on the horizon.
Bullish Momentum Stalls
📈 Although Aerousdt has broken out of a long-term bearish trend, making higher highs and higher lows, the recent inability to close above the previous resistance level raises concerns about a potential reversal.
Key Support Levels to Watch
🛡️ Several crucial support zones, including the quarterly VWAP, align with Fibonacci retracement levels. The most significant support level to monitor is 1.017. A break below this level could invalidate the bullish structure and signal a bearish trend.
Upside Potential Remains
🚀 While a retracement is likely, the overall bullish trend isn't completely off the table. If Aerousdt bounces off support, it could potentially retest resistance levels around 2.223, with further targets at 2.49 and 2.92 if the bullish momentum reignites.
What to Watch For
👀 The immediate future of Aerousdt depends on whether the bulls can defend the critical support levels and reignite the bullish momentum.
Trading Tips
💎 Be patient and wait for confirmation at support zones before entering trades.
💎 Avoid chasing unconfirmed breakouts.
💎 Focus on high-probability setups and trade with discipline.
Remember, consistency is key! Treat the market with respect and trade with a clear strategy.
Stay tuned for more updates on Aerousdt and other exciting cryptocurrencies!
#Aerousdt #Cryptocurrency #Trading #Analysis #DoubleTop
ترجمة
Hopefully, it’s a #DoubleTop on BTC Dominance.
#AltSeasonComing
Hopium 😷
Break the first box, then second box will be the target.
#AltSeasonComing
Hopium 😷
Break the first box, then second box will be the target.
ترجمة
Что такое паттерн "Двойная вершина" ("М") и как его использовать в торговле?
Что такое паттерн "Двойная вершина"?
Паттерн двойной вершины — это инструмент технического анализа, который показывает разворот восходящего тренда в криптовалюте. Его легко распознать на графике: цена достигает примерно одного и того же уровня дважды, но не может преодолеть этот уровень сопротивления. Затем цена начинает падать, и в этот момент на графике появляются два пика, которые напоминают две горы. Как видите, отсюда и произошло название стратегии, а также символ "М".
Паттерн двойной вершины чаще всего рассматривается как медвежий сигнал и предсказывает падение цены. Обычно после второго пика цена актива возвращается к исходной точке, и тренд повторяется. Также характерно, что второй пик немного ниже первого, что сигнализирует о потере импульса и ослаблении сопротивления.$BTC
Как распознать паттерн "М"?
Паттерн двойной вершины обычно формируется после сильного восходящего тренда. Однако не стоит открывать сделки сразу, основываясь только на возможном формировании двойной вершины, так как можно попасть в ловушку ложного пробоя. Следуйте алгоритму ниже, чтобы правильно распознать паттерн на рынке:
Найдите два пика: цена дважды достигает примерно одинакового уровня пика.Проверьте линию шеи: линия проходит через минимум между двумя пиками и служит ключевым уровнем поддержки.Подтвердите пробой: если цена пробивает линию шеи вниз, это подтверждает формирование двойной вершины. В этот момент объем торгов часто увеличивается во время фазы пробоя, что усиливает сигнал.Определите целевой уровень цены: измерьте расстояние от линии шеи до вершины пиков и отложите его вниз от точки пробоя. Например, если цена дважды достигала 50 долларов, а минимум между ними — 45 долларов, то линия шеи пройдет через 45 долларов. Если цена пробивает 45 долларов вниз, паттерн считается подтвержденным. Ожидаемое падение может составить 5 долларов, то есть до 40 долларов.
Как использовать паттерн "Двойная вершина" в торговле?
Теперь, когда вы знаете, что такое паттерн "Двойная вершина" и как его распознать, пора узнать, как его использовать в торговле. Чтобы извлечь прибыль из паттерна "Двойная вершина", следуйте этим шагам:
Дождитесь подтверждения: следуйте диаграмме до того момента, когда цена пробьет линию шеи; обычно это сопровождается увеличением объема.Входите в сделку: откройте короткую позицию сразу после пробоя.Установите стоп-лосс: разместите стоп-лосс выше последнего пика, чтобы минимизировать риски в случае ложного пробоя.Управляйте рисками: не используйте весь капитал для одной сделки; ограничьте риск 1-2% от общего депозита.
Помимо технического анализа, учитывайте фундаментальные факторы, такие как изменения в регулировании, технологические достижения и новости рынка, которые могут повлиять на цену криптовалют.
Преимущества и недостатки паттерна "Двойная вершина"
Преимущества Четкий уровень сопротивления.Паттерн определяет зоны поддержки и сопротивления, что облегчает поиск точек входа и выхода.
Определение направления тренда.Паттерн "Двойная вершина" сигнализирует о возможном развороте от восходящего к нисходящему тренду, что является важным сигналом для трейдеров.
Сильная валидация.После подтверждения паттерн дает надежный сигнал о направлении движения цены. $BNB
Недостатки Ложные сигналы.Паттерн может привести к неверной стратегии из-за ложного пробоя.
Субъективность распознавания паттерна.Это может привести к различным трактовкам среди трейдеров из-за сложности чтения графиков. $YFI
#FollowMeAndGetReward #DoubleTop Надеюсь , статья была полезна для Вас. Оставляйте свои комментарии ,лайки и подписки 😉 ! FOLLOW_LIKE_COMMENT 🤝! Благодарю! #PATTERN
Паттерн двойной вершины — это инструмент технического анализа, который показывает разворот восходящего тренда в криптовалюте. Его легко распознать на графике: цена достигает примерно одного и того же уровня дважды, но не может преодолеть этот уровень сопротивления. Затем цена начинает падать, и в этот момент на графике появляются два пика, которые напоминают две горы. Как видите, отсюда и произошло название стратегии, а также символ "М".
Паттерн двойной вершины чаще всего рассматривается как медвежий сигнал и предсказывает падение цены. Обычно после второго пика цена актива возвращается к исходной точке, и тренд повторяется. Также характерно, что второй пик немного ниже первого, что сигнализирует о потере импульса и ослаблении сопротивления.$BTC
Как распознать паттерн "М"?
Паттерн двойной вершины обычно формируется после сильного восходящего тренда. Однако не стоит открывать сделки сразу, основываясь только на возможном формировании двойной вершины, так как можно попасть в ловушку ложного пробоя. Следуйте алгоритму ниже, чтобы правильно распознать паттерн на рынке:
Найдите два пика: цена дважды достигает примерно одинакового уровня пика.Проверьте линию шеи: линия проходит через минимум между двумя пиками и служит ключевым уровнем поддержки.Подтвердите пробой: если цена пробивает линию шеи вниз, это подтверждает формирование двойной вершины. В этот момент объем торгов часто увеличивается во время фазы пробоя, что усиливает сигнал.Определите целевой уровень цены: измерьте расстояние от линии шеи до вершины пиков и отложите его вниз от точки пробоя. Например, если цена дважды достигала 50 долларов, а минимум между ними — 45 долларов, то линия шеи пройдет через 45 долларов. Если цена пробивает 45 долларов вниз, паттерн считается подтвержденным. Ожидаемое падение может составить 5 долларов, то есть до 40 долларов.
Как использовать паттерн "Двойная вершина" в торговле?
Теперь, когда вы знаете, что такое паттерн "Двойная вершина" и как его распознать, пора узнать, как его использовать в торговле. Чтобы извлечь прибыль из паттерна "Двойная вершина", следуйте этим шагам:
Дождитесь подтверждения: следуйте диаграмме до того момента, когда цена пробьет линию шеи; обычно это сопровождается увеличением объема.Входите в сделку: откройте короткую позицию сразу после пробоя.Установите стоп-лосс: разместите стоп-лосс выше последнего пика, чтобы минимизировать риски в случае ложного пробоя.Управляйте рисками: не используйте весь капитал для одной сделки; ограничьте риск 1-2% от общего депозита.
Помимо технического анализа, учитывайте фундаментальные факторы, такие как изменения в регулировании, технологические достижения и новости рынка, которые могут повлиять на цену криптовалют.
Преимущества и недостатки паттерна "Двойная вершина"
Преимущества Четкий уровень сопротивления.Паттерн определяет зоны поддержки и сопротивления, что облегчает поиск точек входа и выхода.
Определение направления тренда.Паттерн "Двойная вершина" сигнализирует о возможном развороте от восходящего к нисходящему тренду, что является важным сигналом для трейдеров.
Сильная валидация.После подтверждения паттерн дает надежный сигнал о направлении движения цены. $BNB
Недостатки Ложные сигналы.Паттерн может привести к неверной стратегии из-за ложного пробоя.
Субъективность распознавания паттерна.Это может привести к различным трактовкам среди трейдеров из-за сложности чтения графиков. $YFI
#FollowMeAndGetReward #DoubleTop Надеюсь , статья была полезна для Вас. Оставляйте свои комментарии ,лайки и подписки 😉 ! FOLLOW_LIKE_COMMENT 🤝! Благодарю! #PATTERN
ترجمة
📉 WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?📉☠
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
💥 Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
📉 Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000—if not $45,000."
📊 Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
🔍 Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
📈 Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Bonuz Ecosystem Founder and stay updated on the matter!
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC $ETH $BNB
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
💥 Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
📉 Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000—if not $45,000."
📊 Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
🔍 Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
📈 Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Bonuz Ecosystem Founder and stay updated on the matter!
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC $ETH $BNB
ترجمة
BLACK FRIDAY DE BITCOIN CHEGANDO!
Fiquem atentos às notícias em portais especializados em criptomoedas sobre os seguintes tópicos:
• Topo Duplo Bitcoin
• Taxas de Juros nos EUA e seus impactos no Bitcoin
O gráfico do Bitcoin recentemente apresentou o padrão de topo duplo, uma formação técnica que, historicamente, sugere uma possível correção no preço. Analistas especulam que o preço pode cair até a faixa de 75 mil dólares. No entanto, é importante observar que a média móvel de 200 dias frequentemente atua como um suporte significativo. Muitos investidores, inclusive eu, utilizam essa referência como um ponto estratégico de compra.
Em relação às taxas de juros nos Estados Unidos, uma reunião do Federal Reserve está prevista para o dia 29 deste mês. Nessas ocasiões, especialmente durante as auditorias das taxas de juros no final do mês, o Bitcoin tende a apresentar volatilidade, seja com quedas ou com movimentações laterais.
Estudem o mercado, analisem os cenários e evitem decisões impulsivas. Lembre-se: paciência é essencial no universo dos investimentos. Não há necessidade de se precipitar – o mercado estará aqui amanhã.
Por fim, vale reforçar: Bitcoin não é um cassino. Invista com consciência.
$BTC #DoubleTop
Fiquem atentos às notícias em portais especializados em criptomoedas sobre os seguintes tópicos:
• Topo Duplo Bitcoin
• Taxas de Juros nos EUA e seus impactos no Bitcoin
O gráfico do Bitcoin recentemente apresentou o padrão de topo duplo, uma formação técnica que, historicamente, sugere uma possível correção no preço. Analistas especulam que o preço pode cair até a faixa de 75 mil dólares. No entanto, é importante observar que a média móvel de 200 dias frequentemente atua como um suporte significativo. Muitos investidores, inclusive eu, utilizam essa referência como um ponto estratégico de compra.
Em relação às taxas de juros nos Estados Unidos, uma reunião do Federal Reserve está prevista para o dia 29 deste mês. Nessas ocasiões, especialmente durante as auditorias das taxas de juros no final do mês, o Bitcoin tende a apresentar volatilidade, seja com quedas ou com movimentações laterais.
Estudem o mercado, analisem os cenários e evitem decisões impulsivas. Lembre-se: paciência é essencial no universo dos investimentos. Não há necessidade de se precipitar – o mercado estará aqui amanhã.
Por fim, vale reforçar: Bitcoin não é um cassino. Invista com consciência.
$BTC #DoubleTop
ترجمة
ترجمة
Probably the last time we will see Polkadot trading at its current price
$DOT #Polkadot #bullish #DoubleTop 🚀
$DOT #Polkadot #bullish #DoubleTop 🚀
ترجمة
З усіх блогерів та гуру цієї індустрії дивлюсь та читаю цих аналітиків #криптогуру в телеграм каналі( проводить аналіз покупки китів на значні суми $USDC $BTC $ETH і ще багато іншиз монет. Та Гната з проєкту #doubletop на ютубі чи в інсті. Мінімум води, кожен тиждень аналіз монет та ринку. Для новачків крипто портфель на місяць( не фінансова порада) .
Доречі з нього почалась моя цікавість до всього цього.
Доречі з нього почалась моя цікавість до всього цього.
ترجمة
📉 WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?📉☠
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
💥 Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
📉 Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000—if not $45,000."
📊 Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
🔍 Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
📈 Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE and stay updated on the matter
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
💥 Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
📉 Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000—if not $45,000."
📊 Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
🔍 Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
📈 Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE and stay updated on the matter
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC
ترجمة
🔍 STEEM Market Analysis – Hanging Man & Double Top Formation! ⚠️
🔹 STEEM/USDT Price: $0.1395
📊 Resistance Level: $0.1410
🛡 Support Level: $0.1377
⚠️ Market Signal: Hanging Man at Resistance + Double Top Pattern – Potential Reversal?
STEEM is trading near its resistance level of $0.1410, but two key bearish signals have emerged:
✅ A Hanging Man candle at resistance, indicating potential selling pressure.
✅ A Double Top pattern, a classic bearish reversal formation suggesting resistance is strong.
With these signals in place, if STEEM fails to break $0.1410, a downward move toward $0.1377 is likely. However, if it breaks above resistance, bullish momentum could continue.
🔍 Technical Outlook:
✅ A breakout above $0.1410 could invalidate the bearish setup and lead to further gains.
✅ Failure to break resistance might push STEEM back toward its support at $0.1377.
✅ Traders should watch for confirmation—if the next candles are bearish, a pullback is likely.
📌 Trading Strategy:
🔸 Bearish Scenario: A rejection from $0.1410 could lead to a downward move toward $0.1377 support.
🔸 Bullish Potential: If STEEM breaks above $0.1410, it may signal further upside.
🔸 Watchlist: Monitor volume and price action to confirm the next move.
📢 STEEM is at a critical level—will it break out or reverse? Stay alert!
#STEEM #CryptoMarket #TechnicalAnalysis #DoubleTop #TradingInsights
🔹 STEEM/USDT Price: $0.1395
📊 Resistance Level: $0.1410
🛡 Support Level: $0.1377
⚠️ Market Signal: Hanging Man at Resistance + Double Top Pattern – Potential Reversal?
STEEM is trading near its resistance level of $0.1410, but two key bearish signals have emerged:
✅ A Hanging Man candle at resistance, indicating potential selling pressure.
✅ A Double Top pattern, a classic bearish reversal formation suggesting resistance is strong.
With these signals in place, if STEEM fails to break $0.1410, a downward move toward $0.1377 is likely. However, if it breaks above resistance, bullish momentum could continue.
🔍 Technical Outlook:
✅ A breakout above $0.1410 could invalidate the bearish setup and lead to further gains.
✅ Failure to break resistance might push STEEM back toward its support at $0.1377.
✅ Traders should watch for confirmation—if the next candles are bearish, a pullback is likely.
📌 Trading Strategy:
🔸 Bearish Scenario: A rejection from $0.1410 could lead to a downward move toward $0.1377 support.
🔸 Bullish Potential: If STEEM breaks above $0.1410, it may signal further upside.
🔸 Watchlist: Monitor volume and price action to confirm the next move.
📢 STEEM is at a critical level—will it break out or reverse? Stay alert!
#STEEM #CryptoMarket #TechnicalAnalysis #DoubleTop #TradingInsights
ترجمة
🚨 Double Top Alert! Is Bitcoin About to Take a Dive? 📉
$BTC
Hey Binance Square fam! 👋 Let's talk Bitcoin! I've spotted a potentially HUGE pattern forming that could signal a major price drop 😱 - a Double Top!
What's a Double Top? 🤔
Think of it like a mountain with two peaks ⛰️⛰️. Bitcoin tried to break its All-Time High (ATH) resistance TWICE but got rejected both times. Now, it's hovering around a strong support zone near $92K. This could mean a Double Top is forming, a classic bearish reversal pattern.
(Check out the chart I've attached! 🧐 It clearly shows the two peaks and the crucial $92K support line, aka the "neckline")
Why Should You Care? ⚠️
If Bitcoin breaks below the $92K neckline, this Double Top pattern will be confirmed 💥. History tells us that this often leads to a significant price drop 📉, potentially as low as the areas indicated by the red arrows on the chart. Think of it like a balloon 🎈 losing air rapidly!
BUT... There's Always a "BUT" 😉
Don't panic just yet! 🧘♀️ If Bitcoin manages to break through the ATH resistance instead 💪, this bearish scenario is OFF the table! 🎉 We could even see a surge towards the next potential ATH targets I've marked on the chart 🚀. It's like the balloon suddenly finding a gust of wind to soar even higher! 🌬️
Here's the Plan! 💡
* Keep a close eye on the $92K support! 👀 This is the KEY level to watch.
* If it breaks down: Be prepared for a potential downturn. Consider your risk management strategies!
* If it breaks UP: Get ready for a potential bullish ride! 🎉 But remember, always trade responsibly.
Remember, I'm just sharing my analysis! This isn't financial advice. Always do your own research and make informed decisions.
What do YOU think? 🤔 Share your thoughts in the comments below! 👇 Let's discuss!
Smash that like button 👍 if you found this helpful! And don't forget to follow for more insightful crypto analysis! 😉
#Bitcoin #Crypto #Trading #DoubleTop #BinanceSquare #analysis▶️ #DYOR🚀🌕💰📈
Hey Binance Square fam! 👋 Let's talk Bitcoin! I've spotted a potentially HUGE pattern forming that could signal a major price drop 😱 - a Double Top!
What's a Double Top? 🤔
Think of it like a mountain with two peaks ⛰️⛰️. Bitcoin tried to break its All-Time High (ATH) resistance TWICE but got rejected both times. Now, it's hovering around a strong support zone near $92K. This could mean a Double Top is forming, a classic bearish reversal pattern.
(Check out the chart I've attached! 🧐 It clearly shows the two peaks and the crucial $92K support line, aka the "neckline")
Why Should You Care? ⚠️
If Bitcoin breaks below the $92K neckline, this Double Top pattern will be confirmed 💥. History tells us that this often leads to a significant price drop 📉, potentially as low as the areas indicated by the red arrows on the chart. Think of it like a balloon 🎈 losing air rapidly!
BUT... There's Always a "BUT" 😉
Don't panic just yet! 🧘♀️ If Bitcoin manages to break through the ATH resistance instead 💪, this bearish scenario is OFF the table! 🎉 We could even see a surge towards the next potential ATH targets I've marked on the chart 🚀. It's like the balloon suddenly finding a gust of wind to soar even higher! 🌬️
Here's the Plan! 💡
* Keep a close eye on the $92K support! 👀 This is the KEY level to watch.
* If it breaks down: Be prepared for a potential downturn. Consider your risk management strategies!
* If it breaks UP: Get ready for a potential bullish ride! 🎉 But remember, always trade responsibly.
Remember, I'm just sharing my analysis! This isn't financial advice. Always do your own research and make informed decisions.
What do YOU think? 🤔 Share your thoughts in the comments below! 👇 Let's discuss!
Smash that like button 👍 if you found this helpful! And don't forget to follow for more insightful crypto analysis! 😉
#Bitcoin #Crypto #Trading #DoubleTop #BinanceSquare #analysis▶️ #DYOR🚀🌕💰📈
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