Yes, correctly identifying and trading a double-top formation in a timely manner once the neckline breaks is usually profitable. Q. Is the double-top pattern bullish? A. No.

In a week marked by mixed signals across the market, one emerging altcoin is quietly defying the trend. While top ...

This chart formation should be our base case unless it becomes invalidated. This formation could easily see a drop to $50,000—if not $45,000," Markus Thielen, founder of 10x Research, said.

Double top trading example. Let's examine a real-world example of how to trade a double top formation. The price graph shows an overall bullish trend before the first peak. However, the upward ...

Ethereum forms double top near $4,000 on monthly chart while trading in symmetrical triangle pattern around $2,424.

The formation is always identified after a security has risen in price and is at the top of an uptrend, whereas a bullish double bottom pattern is always found in a downtrend.

Arbitrum (ARB) has gained by 30% in the last seven days amid a drastic surge in bullish sentiment to the highest level since ...

The most recent 2021 bear market was triggered by both head and shoulders and a double top after 1.5 years of an 8x bull run. Fig 3. The bearish reversal pattern in Bitcoin's 2013 bear market (Author) ...

XDC edges higher by nearly 2% on Tuesday, printing its seventh consecutive bullish day. The uptrend nears the 200-day Exponential Moving Average (EMA), close to the $0.067 resistance level, last ...

BTC/USD bull cycles illustrated. Source: Arsen ... Thielen, an analyst at 10x Research, suggests BTC’s price will likely drop toward $50,000 in the coming weeks due to a double top formation.

The U.S. election and CPI could be a bullish factor later this year. Fed's preferred inflation gauge, the PCE price index, due Friday, could offer relief. Bitcoin {{BTC}} has carved out a double ...

The U.S. election and CPI could be a bullish factor later this year. Fed's preferred inflation gauge, ... "Technically, bitcoin appears to follow a double top formation, ...