You can see according to my special analysis on bitcoin, price created a very nice resistance and broke out of it with a nice retest making it a clear support..
Price made a pullback, creating that DOUBLE TOP and allowed seller to get in nicely for a sell!
Now, this is where it all get interesting, how price broke out of previous resistance and now broke into the resistance circle and make a retracement at support level and now going back to resistance level, which means there is a 90% sure rate that price will make a retracement at that given resistance level using one of my favorite tool the FIBONACCI
Price made a pullback, creating that DOUBLE TOP and allowed seller to get in nicely for a sell!
Now, this is where it all get interesting, how price broke out of previous resistance and now broke into the resistance circle and make a retracement at support level and now going back to resistance level, which means there is a 90% sure rate that price will make a retracement at that given resistance level using one of my favorite tool the FIBONACCI