I recognized a double top pattern at 4 hour time interval of
BTCUSDT
. Maybe these signs indicate to us of a bearish trend that is yet to come because
BTCUSDT
is still in this bearish channel that is not broken yet but it will break if
BTCUSDT
closes the price above 9340 on the 4-hour time interval. Also Moving Average Convergence Divergence (MACD) indicator crossover is yet to happen and RSI is overbought so there are signs of bearish trend that I can recognize. Please do share your views or ideas in the comments and if I am wrong at any point please do tell me in comments.
BTCUSDT
. Maybe these signs indicate to us of a bearish trend that is yet to come because
BTCUSDT
is still in this bearish channel that is not broken yet but it will break if
BTCUSDT
closes the price above 9340 on the 4-hour time interval. Also Moving Average Convergence Divergence (MACD) indicator crossover is yet to happen and RSI is overbought so there are signs of bearish trend that I can recognize. Please do share your views or ideas in the comments and if I am wrong at any point please do tell me in comments.