Double Tops at lower scale (?)

BITTREX:BTCUSDT   Bitcoin / Tether
As we know, BTC/USDT has a 1 month old Double Top pattern that has a still valid target at 7.3k-7.5k, and it coincides as well with double support line in that zone, which get us to say that's a perfect bounce area to start a bullish uptrend. Nevertheless, it has bounce in 8.4k zone in the level 0.5% fibonacci retracement , as it was expected, and it has tested Big Neckline #1 and was rejected again to same level 0.5% Fibonacci retracement , apparently now it is goin to test it again, if it rejects it downwards it Could form a Smaller Double Top with the same target as Bigger Double Top at 7.3-7.5k (this would be my 1st case scenario).

If this upward movement breaks Bigger neckline #1 then it could validate a possible double bottom pattern formed this week and should reach 10.7k area (this is my less probable and 2nd case scenario). Taking into account the lack of volume , a descending RSI and MACD , 1st case scenario is likely to happen, 1D chart should close above 9.4k to confirm upward movement but I hardly doubt it.

At the end I expect a Bullish Trend to begging with a strong bounce at 7.3-7.5k area so It can finally get over 12k, It can still go a little lower than expected but it will depend on market sentiment, so I will be updating this chart.

I expect your comments on this analysis,

Go visit my website http://www.Criptoleaks.com

Thank you
交易开始: It Closed above Big Neckline #1 on 4hr chart (we should expect further upward movement if it closes above on the Daily) this should take us to target of double bottom at 10.7k tops, anything above 10k would be bullish. But it needs to close over that area on daily to confirm.
Excellent. I think I am going to go short from here.
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