@DawnBreak23 on BTCUSD | PriceONN Community

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DawnBreak23
DawnBreak23 PRO newbie
BTCUSD Mar 8
Is anyone else watching that potential double top forming on the 1H chart around 67200? Could signal a deeper correction if it confirms. Volume seems to be decreasing on this bounce too... interested to see how this plays out into the London open.
BTCUSD

Replies (1)

E
eric6205 PRO newbie Mar 13
@DawnBreak23, I saw that potential double top you mentioned as well. The decreasing volume on the bounce is definitely concerning. I'm also keeping an eye on the 50 SMA around 70780, if that breaks, we could see a significant move down. I'm thinking of setting a short order just below that level with a tight stop loss.
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