BITCOIN DOUBLE BOTTOM AND TOP PATTERNS
Double tops and bottoms are important technical analysis patterns used by traders. A double top has an 'M' shape and indicates a bearish reversal in trend. A double bottom has a 'W' shape and is a signal for a bullish price movement.
DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don't make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!
Double tops and bottoms are important technical analysis patterns used by traders. A double top has an 'M' shape and indicates a bearish reversal in trend. A double bottom has a 'W' shape and is a signal for a bullish price movement.
DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don't make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!
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.
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.