investngopal

Sine wave and Previous Double Bottom pattern in VTC/BTC

POLONIEX:VTCBTC   Vertcoin / Bitcoin
Well , according to the past data of VTC/BTC there is some regular double bottom pattern and the sine wave is currently in a resisting zone. Once it crosses I guess it will follow new pattern.
Comment: SO it followed the sine wave still on the same trendline.
care to elaborate more on this technique?
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@cryptj, I am not so expert but what i can see is there is going to be a change in the trend . Once it crosses the sine wave it might show us that it is going for bull but when it goes back to sine wave it might not be bullish. Also according to double bottom pattern it is like supporting to go for bullish . Altogether what i think is it is going to follow double bottom pattern crossing the sine wave.
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