BTCUSDT has just completed a double top pattern on the 1-hour chart. The price is currently at the support level of 51,100 USD, and the technical outlook leans towards the bears, with the 34 EMA indicating a reversal.
The resistance level at 51,440 is forming a convergence zone with the EMA, and I am leaning towards a sell position for today's BTCUSDT trading. Do you agree with this assessment?
The resistance level at 51,440 is forming a convergence zone with the EMA, and I am leaning towards a sell position for today's BTCUSDT trading. Do you agree with this assessment?
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