cellphones232

Always 2 Bottoms

cellphones232 Updated   
BITSTAMP:BTCUSD   Bitcoin
Always 2 Bottoms

So 14k next

See there, whenever the coin drops in value...we always see 2 "corrections"...compare it always to the months before....always 2 bottoms before it goes back up.
If this theory is right... we will see 14k...then it will breakout to the top...then create a new bottom..

Whatever that bottom is...we will then see the coin touch that bottom again and go back up.

When it's a true bottom the 2nd bottom trend will never go much lower than the 1st.
Comment:
Today 14K happened, but for some reason it isn't showing the candle stick.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.