BTC — Double TOP not Validated — Triangle in formation

Inna Polinina

Hello all,

Here is the chart of yesterday :

Here is the current chart :

Good news, the double top has not been validated as we didn’t break the 11400$. It is a positive point as the pattern double top is highly bearish. I traced to you a triangle that the BTC is currently creating. A Break Out should come from this pattern very soon and before the APEX (intersection of the triangle). The propabilities for this kind of triangle are most of the time a UP break Out but no one can be 100% sure so it is better to wait the start of the Break Out and follow the trend.

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Inna Polinina

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