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.
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.