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#Binance #crypto2023 #BTC #BNB #dyor

🔅A double top is a bearish technical reversal pattern.

🔅It is not as easy to spot as one would think because there needs to be a confirmation with a break below support.

🔅In the chart above you can see that two tops were formed after a strong move up.

🔅Notice how the second top was not able to break the high of the first top.

🔅This is a strong sign that a reversal will occur because it's telling us that the buying pressure is just about to finish.

🔅With the double top, we would place our entry order below the neckline because we are expecting a reversal of the uptrend.

#Binance #BTC #crypto2023 #BNB #dyor