Bitcoin / TetherLong
BTC reversing pattern
BTC has a history of reversing after a double top/ bottom where it takes the liquidity of the previous low (or high in the bear case). Many traders set their stops there when they think the bottom/ top is in, then price action goes after those stops forming hidden divergences and price reverses.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.