BOREARIS

Ethereum (ETH/USD) Double top 15 min

Ethereum (ETH/USD) 15 minConfirmed Oct 30, 22:15 UTC+8
HNHConfirmedClosedInvalid 2,254.882,225.50Neck 2,216.50Confirm 2,211.30Target 1 2,195.80Target 2,180.30━ MA20 + Bollinger Bands ━ MA50 15 min70503048.80━ RSI ━ 9MA0-0.23━ MACD ━ MACD Signal10/30 10:4510/30 13:1510/30 15:4510/30 18:1510/30 20:4510/30 23:15
HNHConfirmedClosedInvalid2,254.882,225.50Neck2,216.50Confirm2,211.30Target1 2,195.80Target2,180.30━ MA20 ━ MA5070503048.80━ RSI ━ 9MA0-0.23━ MACD ━ MACD Signal30 14:4530 18:1530 21:45

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Double top: Invalidated

Target2,180.30
First target2,195.80
Confirmation2,211.30
Invalid at2,254.88
Move-2.07%

Timeframe15 min
ConfirmedOct 30, 22:15
ClosedOct 30, 23:15
Duration1.2 h
Reward / risk0.71

What this tells you

Price is rejected twice at a similar high; a break below the low between them (the neckline) often marks a turn from up to down.

Check it on the live chart

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Swing points

PointTime UTC+8Price
HighOct 30, 14:302,252.70
NecklineOct 30, 17:152,216.50
HighOct 30, 19:002,249.20
ConfirmationOct 30, 22:152,211.30

Recently closed Double top patterns: 29 in total, 21 reached the target first (72%), 7 were invalidated and 1 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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