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FX.co ★ #Bitcoin M5: Double Top

#Bitcoin M5: Double Top

Double TopThe Double Top reversal pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 78712.56, its lower boundary is at 78301.31, and its width is 38478 points. A short position may be considered below the lower boundary at 78301.31, with a potential target at 78301.16.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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