TradingView
RizeSenpai
Jan 14, 2022 7:42 PM

Double Bottom at ABCD/88.6% Confluence Zone With RSI Divergence Long

Mango Protocol / USDFTX

Description

This Double Bottom is looking pretty promising I set the Fibonacci tool up in logscale and that reveals that we are at the log-scale 88.6% retracement and from the looks of it are Double Bottoming while Forming Bullish Divergence on the RSI and as if that weren't enough we are also very near the PCZ of a Bullish ABCD which is just below us but the context of us showing bullish variables like this so very near the PCZ and at the 88.6% leads me to believe that right here and right now is a good spot to buy.

More