BitcoinLong
It was a double-top system forcing price down. Bitcoin powers on
https://www.tradingview.com/x/AxZaLrj7/
It looked a bit gloomy yesterday Tuesday for Bitcoin, but really all that occurred was Bitcoin wound up in a couple of double tops, if you call that price weakness, I don't think so they happen so frequently and there are traders who only trade double-tops, double-bottoms - the tradable patterns they form are called M-Tops and W-Bottoms.
BTCUSD is cruising as not a lot buying but it looks like buyers would move in once it crosses past the Top3 on the 15m.
Here are some pictures:
30m chart below & VWAP bands.
It looked a bit gloomy yesterday Tuesday for Bitcoin, but really all that occurred was Bitcoin wound up in a couple of double tops, if you call that price weakness, I don't think so they happen so frequently and there are traders who only trade double-tops, double-bottoms - the tradable patterns they form are called M-Tops and W-Bottoms.
BTCUSD is cruising as not a lot buying but it looks like buyers would move in once it crosses past the Top3 on the 15m.
Here are some pictures:
30m chart below & VWAP bands.
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