Change of trend after touch to the resistance related to the 15m timeframe, which we witnessed in the previous collision of a fake breakout.
We can also recognize the double top pattern that comes with an engolf and shows the flow of descending orders
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In the upper part, we see the fall of bitcoin after touching 2h trend lind and a resistance area that due to the correlation between btc and matic can be a good signal for bearish trend
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(The connection in crypto is cross-sectional and can be achieved by backtesting in a specific time frame. This is an auxiliary mode that can be helped with a logical view.Correlation in crypto is cross-sectional and can be achieved by backtesting in a specific time frame)
We can also recognize the double top pattern that comes with an engolf and shows the flow of descending orders
--
In the upper part, we see the fall of bitcoin after touching 2h trend lind and a resistance area that due to the correlation between btc and matic can be a good signal for bearish trend
--
(The connection in crypto is cross-sectional and can be achieved by backtesting in a specific time frame. This is an auxiliary mode that can be helped with a logical view.Correlation in crypto is cross-sectional and can be achieved by backtesting in a specific time frame)