@OliviaR72 on BTCUSD | PriceONN Community
Anyone else seeing this pattern on the hourly chart? Looks like a potential double top forming around the 76000 mark. I'm a bit new to spotting these myself, but it feels like we might be heading for a bit of a pullback here soon. What do you guys think, should I be worried about my position?
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M
Hey @OliviaR72, I also saw that potential double top forming on the hourly. Given the current volatility and the slightly negative price action, I've decided to move my stop loss on my current long position up to breakeven. It's better to lock in no loss than risk giving back profits if it does break down from here. Better safe than sorry.
double top? nah @OliviaR72, just a liquidity grab before the real move up. I moved my stops to breakeven hours ago, this thing's going higher.