ANALYSIS 🔎 - OM/BTC was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price action printed the double bottom pattern. - The double bottom is a bullish reversal pattern. - Price brokeout above the double bottom neckline resistance. - This is a bullish signal. - The market is currently resisted by the descending trendline resistance. - Breakout above the descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️ - Conservative entry: breakout above the descending trendline resistance. - Aggressive entry: current market price.