Bitcoin / TetherUSEducation
Double Top a bearish reversal pattern
Updated
Double Top Pattern Tutorial -
Double Top is a bearish reversal pattern that can be easily identified when price reaches a equal high two consecutive times and makes a reversal and breaks the neckline.
The entry point of this trade pattern will be confirmed by a closing of price below the the neckline. We can take help of RSI to see the momentum and strength of the price movement.
Stay Tuned, 👍;
Double Top is a bearish reversal pattern that can be easily identified when price reaches a equal high two consecutive times and makes a reversal and breaks the neckline.
The entry point of this trade pattern will be confirmed by a closing of price below the the neckline. We can take help of RSI to see the momentum and strength of the price movement.
Stay Tuned, 👍;
Note
Example :Note
Checkout Double Bottom Pattern
Note
BTCUSD Double Top Completed
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