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which corresponds with the double-top formation. This pattern typically signals a bearish reversal. The key support level is at 1.11. A breakdown below 1.11 could extend the correction to 1.10 ...
Bitcoin's (BTC) recovery looks to have run out of steam with an emergence of a double top bearish reversal pattern on the short duration price charts. BTC peaked near $87,400 last week ...
A closing price reversal top is not a change in trend, but a shift in momentum. It is often fueled by profit-taking after a prolonged move up in terms of price and time. It’s also a signal that ...