BTC - H1 - DOUBLE TOP IN PROGRESS - MBB under attack
H1 : Trigger level of the double top @ 35430. Targe @ 33410
3rd consecutive failure to hold above support trend line
MBB currently under attack a failure to hold above it and above KS @ 36113 which is also the
current intraday uptrend line support would give a bearish signal, calling for lower levels.(with clouds support
zone,slighlty lower, bottom, also coinciding with the double top trigger level !!!
Finally, a move below 35430 would :
1) Activate the double top formation
2) Invalide the recent intraday uptrend in broking the support trend line
3rd consecutive failure to hold above support trend line
MBB currently under attack a failure to hold above it and above KS @ 36113 which is also the
current intraday uptrend line support would give a bearish signal, calling for lower levels.(with clouds support
zone,slighlty lower, bottom, also coinciding with the double top trigger level !!!
Finally, a move below 35430 would :
1) Activate the double top formation
2) Invalide the recent intraday uptrend in broking the support trend line