BTC 15m Double Top Forming
Updated
The 15m chart clearly shows double top forming, with a possible price target of precisely 19000. I love when a target is a round number. That makes me more confident in the analysis. Also, down on the waves, you can see the local top that indicates uptrend exhaustion, and the aggression of selling is below zero.
Note
The apex of the second top and neckline is between 20:45 and 21:15, based on the downtrend line from the second top. In that period, we might expect a resolution.Note
The formation is invalidated, or the new one is created with apex around 2:00.
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