BTCUSD Full of double top ready to dump hard ?

2021年5月11日

Full detailed analysis :

As we can see price had successful breakout to downside and broke strong support of trendline and more fall is expected after retest this Breakout .

Two charts shared and the that is the reason of our Title too

1.first chart: we can see major double top that is forming and we may have huge correction after breaking neckline support that is around price 52700$ and targets that we are looking for mentioned on chart with green lines and red path.

2.Second chart : we have two double top that formed and price had successful breakout of neckline and results are obvious on chart and we shared short analysis around both of them .

Notice :what about Bullish market and what are some conformation for that ?
2 major reasons can pump price and they are:
A. we are waiting for retest of this green trendline that broke if that not happen and price go above green trendline that increase potential of rise :
what is expected now:


B. if strong resistance of 60K broke then again that increase potential of rise .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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2021年5月11日

註釋

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