$BTC #Education_post
đTwo consecutive, roughly equal peaks with a moderate trough in between (resembles an âMâ shape).
đThis powerful chart pattern occurs after an extended uptrend and often represents a reversal pattern that indicates a minor, if not long term, change from a uptrend to an downtrend (i.e. bearish).
đTrade: Place a SELL order when the price breaks through the support line (neckline) and completes the pattern.