Description
⋅ So far we have a double bottom in March 2023 vs Dec. 2022.
In Dec., 3 candles bounced off 16 sats and then a bullish wave.
Now, we have so far 7 candles bouncing off 16 sats, a bullish wave can follow.
The RSI hit oversold and is slowly creeping higher.
The bullish potential is valid above 16 sats, below it is becomes nullified.
This is a good setup because you can have very low risk with a high potential for rewards.
✔️ The blue line/space is the support/stop-loss, the green lines the targets.
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Namaste.