FX.co ★ #Bitcoin M30: Double Bottom
Signal strength 3 of 5
#Bitcoin M30: Double Bottom
The Double Bottom pattern has been formed on #Bitcoin M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 56817.80 is broken. The further movements will rely on the width of the current pattern 124649 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade