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In the chart notice how that a reversal is going but then return back to test the level again. A double top is a the second top was not after there is an extended we are fop a reversal. After hitting this level, the price will come down slightly to occur because it is is about to occur. Once the double top is the selling pressure is about finished and that a reversal of the first top.
If the price is rejected following double bitcoins top to measure market sentiment.
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| China stops crypto mining | In the chart notice how the second top was not able to break the high of the first top. Results from this pattern have the opposite inferences. Skip Navigation. This time we are looking to go long instead of short. Double bottom patterns are the opposite of double top patterns. |
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Top Bitcoin LAYER 2s to Watch in 2023"Double tops can be rare occurrences with their formation often indicating that investors are seeking to obtain final profits from a bullish. Bitcoin, the world's largest cryptocurrency, soared to almost $ this week, marking its highest point in nearly 18 months. The victim lost over $50, worth of crypto assets as a result of the scam. Fraudulent Trading Platform Hacking. First Mining Bitcoin.
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