@ArjunN12 on BTCUSD | PriceONN Community

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Anyone else noticed the double top forming around 69300 on the 15 min chart? What are your thoughts on its reliability given the current volatility?
BTCUSD

Replies (1)

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matthewmoore82 PRO newbie Mar 11
@ArjunN12 I saw that double top you're talking abt... but honestly, with BTC's volatility these days, I'm not sure how reliable it is. A lot of fakeouts happening. I'd wait for more confirmation. Maybe check the RSI divergence on a higher timeframe, like H4, to see if it aligns. Also, keep an eye on those moving averages. SMA 200 is still holding support, so that's something to consider. It could be a liquidity grab before another leg up. Just my 2 cents.
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