Chop area Low lev short. SL could be hunted very easy then big drop (maybe) or shortsqueeze above 7k 5800 target would give us double bottom TP1 50% around 6300
We broke down ascending triangle which happens sometimes. Maximum down target according to Bulkowski`s measure rule for ascending triangles down breakout in bull market is 360$ but we can hard bounce off previous triangle arm especially around 400$ which is strong psych barrier. If we go back to triangle within days the above is just cancelled. Happy tarding
Bitcoin luvs double tops and bottoms but is well known for its FU moves so i wont be surprised if price hits $46x first. This one would be epic if happened.
Possible double top detected. It should go to 44x first but not necessarily