The ETH USD chart has just created a double bottom, which for those of you who dont know is a well known bullish chart pattern. It has also begun its pullback into the level of the W's '\' part's top, this area will act as support and rocket it into the high 2000s.
The effect of this pattern is only stronger since technical analysis largely influences crypto markets and this is a well known pattern --
As always, ask me any questions and Ill respond to them, hit that like button and follow me for more like this!
The effect of this pattern is only stronger since technical analysis largely influences crypto markets and this is a well known pattern --
As always, ask me any questions and Ill respond to them, hit that like button and follow me for more like this!
Comment:
From the level of the W's '|' part, not into
Trade closed: target reached:
WOAHH I never thought id be this right this fast - turns out yes, it was the perfect double bottom