After a nice rebound, the price dropped below the neckline of the double top which was formed over the last few days. Currently retesting the neckline, while BTC resets.
Note
Price in a down channel, rejected by the top trendline
Note
Two failed attempts to break above double top neckline
Note
trdr.io/snapshot/12428B020AD242B7.pngOrderbook shows sells stacked up against price
Trade closed: target reached
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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.