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LonesIsReal
Jan 20, 2022 11:17 PM

Double Bottom Chance for Bitcoin  Long

Bitcoin / TetherUSBinance

Description

On daily chart of bitcoin if we can break 44.500 our target will be 47.400 for double bottom, we can't say this formation happened till we break 44.500

Comment

if it closes candle below left ones then probability of double bottom will not be valid anymore
Comments
mcdanuld
now check it
LonesIsReal
@mcdanuld, mate if it plays 300-500 dollar its not important. Important thing is if it closes candle under left candles then probability of formation will dissapear. Bitcoin still didn't do that candle close below left if it does i ll update idea and I will write this chance is no longer valid.
SabahEquityResearch
more downside for me . nice analysis btw
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