BTC double top Vs. double bottom 4h chart

check this chart,

We have a close at exact precious close at 4h chart, this has 2 views

1- price will try again to break the resistance line and if so (close above it) it will fly higher to good targets around 19K-20K.

2- the price reverse and get back to support line and form a double top///if bounced again it turns to double bottom.

the best action at this time is: short BTC and wait for a confirmation above the resistance line to buy again.
OR wait to buy again at dip if confirmation did not happen.

Good luck

Bình luận:

Target reached ( trendline)
I guess bitcoin now is going back to lower levels
all volume will turn to ETH, ETC, NEO, XRP AND ZEC

let's see :D

Bình luận:

Amazing Breakout
wait for retest to buy again

Targets will be updated soon, More than 21,000$

Bình luận:

Testing 16500 is very important for BTC

closing a daily candle below this line will take us back to next resistance ~12500

Be careful with your trades these days

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Now we have double bottom at support line

watch the price if it crosses 15200 $ it will pump again :)

If price reverse from 15000$ then we are having double top .

Be careful