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trademaster1969
Jul 15, 2019 2:34 AM

BTC bullish double bottom 

Bitcoin / United States DollarCoinbase

Description

So lots of sell pressure manipulation over a weekend to pull out stops and revisit the previous low.

BTC on the daily is forming a double bottom reversal. While shorting groups have their plan based on MCAD, RSI etc there are clean indicators a double bottom is here.

I believe we will retest 13k levels soon. The last drop to 9700 7/2 shot up to 12k quickly.
Comments
MOGTR
pulling a double bottom out of your butt when it hasn't reversed
trademaster1969
@MOGTR, keep looking on the butt side.
trademaster1969
@MOGTR, So sorry if you were doing a short on BTC, short squeeze play.
MOGTR
davmey
Looks more like a text book Double Top to me, a bearish signal.
trademaster1969
@davmey, has both actually "butt".. We do need some strong candles against the 200 and 50 ema to challenge the upside and it seems with some spinning tops and hammers we are finding some support. Stay tune.
Bullandbeartrading
Cool double bottom buddy.
trademaster1969
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