Very bullish pattern in play on the BEST chart in the crypto markets!
Note
The double bottom W pattern is one of my favorite technical patterns to spot a potential reversal. As the name implies, the double bottom pattern consists of two bottoms that form at a key support level. This price action pattern is unique because it signals a level in the market where demand outweighs supply not once, but twice within a fairly short period of time.Note
W pattern invalidated... Looking to heavily add to my bags between .5-.8Note
What a great example of why you wait for an open & close above the previous market turning point! Patience is everything my friends! Confirmation>Complications
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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.