Double Bottom at $0.00000075 Signals Reversal

13
Analysis:
FHE’s daily chart shows a potential double bottom at $0.00000075, a bullish pattern. The price is at $0.00000079, with RSI rising from oversold levels (30). A move above $0.00000085 confirms the pattern, targeting $0.0000011. Low volume is a risk.
Actionable Insight:
Long on a break above $0.00000085, targeting $0.0000011. Stop-loss at $0.00000074. Confirm with volume before entry.

Chart Setup:
Timeframe: Daily

Indicators: RSI, Double Bottom

Levels: Neckline ($0.00000085), Target ($0.0000011)

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.