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Bitcoin Triple Top Pattern Complete
Bitcoin
Short
Bitcoin Triple Top Pattern Complete
By R0MM3LL
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May 28, 2022
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May 28, 2022
BTC Triple Top Pattern w/ break below pullback lows week of 2 May.
** Pattern complete, fully into mark-down/declining phase **
Longing here = high risk, rallies have high failure probability. Wait for accumulation trend to clearly develop before entering long.
Useful reversal signal on Weekly TF would be MA6 crossing above EMA18 along with OBV reflecting inflows.
Price Tgt ~
14K
Bitcoin (Cryptocurrency)
BTC
markdown
Moving Averages
Parallel Channel
tripletop
Volume
R0MM3LL
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