BTCUSD Double Top is forming and only after that dump is ahead

As we can see the price was bounded here for about 2 days and in lower timeframes, it is creating reversal patterns like this double top if the price sees some more correction and break this local support and neckline then a huge fall is ahead.

price need to retest Fibonacci levels and at least 0.38%.

Targets and supports ahead :
A. 42500
B. 40000
C. 37300


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Komentar:

price is trying to break neckline but not successful yet(4H candles should close below neckline)

current price: 44850(-1.5%)

Komentar:

the first candle close below neckline ✔

soon more dump is ahead or maybe retest and dump