Ugly Double Bottom Potential on BTC 30.
Updated
All necessary text is in the chart.
Comment
We're going lower and my ugly double bottom failed to confirm.My descending broadening triangle now looks to hit the bottom trendline again.
Major distribution happening now, 5 bear candlesticks in a row.
I see price touching the $9,500 (the bottom trend line) and bouncing from there, or alternatively breaking even lower, which would require a new assessment.
Comment
Successful trading idea.
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