Status "V Bottom" Pattern | Signal Explained

Here we have a "V Bottom" pattern for Status (SNTBTC), this can signal that a low is in and prices can resume or reverse up.

Here you can see prices breaking below MA200 (black line) to form the v bottom, and later moving back above this level.

I also marked the main strong support and resistance levels.

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Namaste.

Trade closed: target reached:

& Going higher.