Bitcoin Double Top Formation Alert!
Currently,
BTC appears to be forming a Double Top pattern on the 4H chart. If this candle closes as an Inverted Hammer, it may confirm a bearish reversal from the overbought zone.
Key Levels to Watch:
Immediate Support: $96,500 – $95,000
Critical Support: $94,000
Major Breakdown Levels:
If $94K breaks, next support is at $91,000
A deeper breakdown could target $80,000 or even $60,000
This correction could present a golden long opportunity for the next bullish leg. Stay patient, observe confirmations, and plan your entries wisely.
Currently,
BTC appears to be forming a Double Top pattern on the 4H chart. If this candle closes as an Inverted Hammer, it may confirm a bearish reversal from the overbought zone.Key Levels to Watch:
Immediate Support: $96,500 – $95,000
Critical Support: $94,000
Major Breakdown Levels:
If $94K breaks, next support is at $91,000
A deeper breakdown could target $80,000 or even $60,000
This correction could present a golden long opportunity for the next bullish leg. Stay patient, observe confirmations, and plan your entries wisely.
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FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.