nanopowered

Bitcoin BTCUSD 4H Triple top

BITMEX:XBTUSD.P   Bitcoin
Need to be confirmed by crossing the neckline with volume.

The volume is lowering on each rally, indicating an exhaustion of demand. The bulls are afraid.

Target of 4800 by reporting the height of the middle top under the neckline.
4800 is also a support, so I will be buying there.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.