A good double bottom pattern is going to form on 4H chart of BANDBTC.
Bottoms are on 6930 area which has overlap with 0.5 fibo. level So it assumed to be a strong support.
Neckline is around 7200 sat, if the price break the neckline then the target will be achieved easily.
target of the double bottom is around 7520 area as depicted on the chart.
one can open the position at the moment or wait for neckline breakout. trade on your own risk.
Happy Hunting!!!
Bottoms are on 6930 area which has overlap with 0.5 fibo. level So it assumed to be a strong support.
Neckline is around 7200 sat, if the price break the neckline then the target will be achieved easily.
target of the double bottom is around 7520 area as depicted on the chart.
one can open the position at the moment or wait for neckline breakout. trade on your own risk.
Happy Hunting!!!
Trade closed: target reached
God CallAll targets smashed badly
Enjoy guys!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.