Here we have a "V Bottom" pattern for Status (SNTBTC), this can signal that a low is in and prices can resume or reverse up.
Here you can see prices breaking below MA200 (black line) to form the v bottom, and later moving back above this level.
I also marked the main strong support and resistance levels.
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Namaste.
Step #1: Identify two bottoms where the second bottom is at least 5% higher than the first bottom
The first step is to identify the correct price structure of the ugly double bottom pattern. Basically, we need two bottoms where the second bottom is higher than the first one. In other words, the price needs to make a higher low.
The second bottom also needs to be...