Bitcoin : Showing signs of bearishness
It can be clearly seen from the price structure that the market is not moving up with momentum. There is also the formation of a head and shoulder pattern. The double top levels may act as a resistance and there is a higher probability for the market to reject from those levels and form a reversal and move to the downside.
Note
Price approaching the buy levels as planned.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.