Double top Pattern
The double top pattern is a two peak chart pattern representing a bearish reversal in which the price hits the same levels twice with a slight drop in between the two peaks.A double top pattern usually signals an intermediate or long term trend change. When identifying the pattern,traders should understand that peaks and valleys don 't need to form a perfect M-shape for the pattern to emerge.
Double Top Psychology
Price failed to make a higher high, but instead made a "same high" wich shows A loss of momentum from the uptrend meaning a loss of momentum from the "buyers" in the market.
Beginner Tip
Bitcoin Made Him a Millionaire š°
Today we are going to talk about Erick Fineman who became a millionaire when he was young. This is how this story started.
In 2011, when a Bitcoin was worth $12, this little kid named Erick Fineman bought $1,000 worth of Bitcoin with the help of her grandmother and brother.
Exactly two years later, in 2013, the value of one Bitcoin grew to $1,200. Then he became the owner of his own business by the year 2015 and by that time he sold his business for 300 Bitcoins.
This gave the young man Erick Fineman the fortune of becoming a millionaire at the age of 18.
š It is your decision to write a story like this in your name in a few years or not
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