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RockinHood
Mar 10, 2023 10:40 PM

BTC 15m Double Top Turned Into Smaller Double Bottom Long

Bitcoin / TetherUSBinance

Description

The double top we had was invalidated twice, creating a smaller double bottom pattern, which is already broken and now retested. A potential target is 20320, and above that price, we have a big hole in VPVR, which can help the price rise above this level too. To me, this seems like a fake out, based on the waves indicator at the bottom, but the long option is possible.

Comment

And here we are. The price target was reached at the exact time of the apex of the double top before.
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