BTCUSD Price touches the major resistance zone two times

As we can see price stopped here for a while and yesterday it receives the second touch with a major resistance zone and the price receives heavy sell pressure once again and now we have double top or rejection candles on the daily chart.

So if local support on 46500 zone breaks then the price can easily fall to our targets and supports on the chart.

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Candlestick AnalysisDouble TopfallingnecklinerejectioncandleSupport and ResistanceTrend Lines

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