Hello friends, Andrew here, Different possibilities and patterns within patterns...lol. If we get a reversal at the last high. The reversal 2nd top forms 90-110% of height, Volume surge at breakdown confirmation.
IF you plan to Short this POSSIBLE Double Top, wait for confirmation, my confirmation is normally a full 2nd reversal Bar from the second top.
I know I am showing different pattern possibilities, each one gives their own signals. Bitcoin is volatile, but the last few weeks have been great for the Bulls, but don't let the Bears take it back. Set your STOPS based on the time frames and patterns that you trade. Remember folks, TAKE PROFITS, We are in a short term, small bubble and ready to pop, at any time, So set your stop, And if it doesn't? lets ride the waves.
I am not an investment adviser.
IF you plan to Short this POSSIBLE Double Top, wait for confirmation, my confirmation is normally a full 2nd reversal Bar from the second top.
I know I am showing different pattern possibilities, each one gives their own signals. Bitcoin is volatile, but the last few weeks have been great for the Bulls, but don't let the Bears take it back. Set your STOPS based on the time frames and patterns that you trade. Remember folks, TAKE PROFITS, We are in a short term, small bubble and ready to pop, at any time, So set your stop, And if it doesn't? lets ride the waves.
I am not an investment adviser.
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Double Top never played out. This possible pattern never materialized.
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