BTCUSD: Is this it?

Looking at the market depth, a huge number of sellers (440) are piling up on the 4,400 price levels. Seems to me that a double top pattern is forming as long as it doesn't break that yellow slope/uptrend line.

If buying pressure increases and the price stays above the slope, then BTC can move higher.

Kommentera:

Could go to 4600, where a total of 790 BTC sell orders are waiting.
Or to 4800, with a total of 360 BTC sell orders.

Kommentera:

Must maintain its momentum above the slope

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Falling?

Kommentera:

Kommentera:

Must stay near the support slope or else it could go down.

Strong resistance: 4400
Strongest support: 3500

Kommentera:

If it breaks the supply zone between 4400-4500, then we could see higher highs. If not, BTC could move sideways until another big move happens.