#Btc #DoubleTop

I am Taking Short In $BTC

SHORT SETUP

(70.9-71.5)

Sl 72.4K

Lev 5x

Tp 70.4/69.8/69.4/68.8k

If Bitcoin reaches its all-time high of $74,000 and faces rejection, it could form a double top pattern, potentially triggering a significant correction down to $54,000. This could present a favorable opportunity to buy the dip, possibly marking the last chance before Bitcoin resumes its upward trajectory towards new highs. While I'm short-term bearish, overall, it's a bullish time for Bitcoin.

#Write2Earrn #BTCMovement: #DoubleTop

The double top pattern is a bearish reversal pattern typically found in financial markets. It consists of two peaks at approximately the same price level, separated by a trough. Traders often interpret this pattern as a sign that an uptrend is losing momentum and may reverse, potentially signaling a good time to sell or take short positions. It's important to consider other factors and use additional technical analysis tools to confirm the validity of the pattern before making trading decisions.
#CryptoLearning
#begginermistake
#DoubleTop

Can We Say it Is a #DoubleTop On #1D #TF ..?
I'm Short 😁

🚨Double Top (BTC)🚨

Most Probably Double Top Creating At The Chart Of BTC In Case we can take short entry

Entry Price :61250
Stop Loss : Start Of Candle That Has Broken the Neckline

If it was helpful then follow and give me your opinion in comments down below 👇
#BTC #TrendingTopic #DoubleTop #Portal

What Is a #DoubleTop ?

A double top is an extremely #bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.

$BTC #DoubleTop ✅ Now what's Next 🤧
#IMO We are Going To Retest The support Zone At 60-61k Soon.

what Will Be From Here .?
$BTC
#DoubleTop or #DoubleBottom

#EthETF