#BTC☀ M30 Update | Double Top Warning
After a parabolic spike from ~85,300 to ~86,900, price printed a double top and a big bearish candle just sliced through the moving average.
📊 Range: 84,460 – 86,940 (~2,480 pts)
🔴 Resistance: 86,125 – 86,375 (MA + key level)
🟢 Support: 85,145
🎯 Trade idea (short):
• Entry: 86,150 (retest)
• SL: 86,450
• TP1: 85,700
• TP2: 85,400
• TP3: 85,145
⚠️ Invalid if a 30m candle closes above 86,400. Then this is just a bull-flag pullback.
After 12 years in BTC, my rule is the same: let price confirm, and respect your stop.
What's your view, 📉 or 🚀?
#Bitcoin❗ #BTCUSD #TechnicalAnalysisPost #CryptoTrading.
After a parabolic spike from ~85,300 to ~86,900, price printed a double top and a big bearish candle just sliced through the moving average.
📊 Range: 84,460 – 86,940 (~2,480 pts)
🔴 Resistance: 86,125 – 86,375 (MA + key level)
🟢 Support: 85,145
🎯 Trade idea (short):
• Entry: 86,150 (retest)
• SL: 86,450
• TP1: 85,700
• TP2: 85,400
• TP3: 85,145
⚠️ Invalid if a 30m candle closes above 86,400. Then this is just a bull-flag pullback.
After 12 years in BTC, my rule is the same: let price confirm, and respect your stop.
What's your view, 📉 or 🚀?
#Bitcoin❗ #BTCUSD #TechnicalAnalysisPost #CryptoTrading.
