it might reverse and double bottom formation might work if it breaks above 57,300 but it might go down to 48000 if it closes above 53,400. but we do have a rsi divergence so first it might go up to 57300 again. i wouldn't suggest anybody to make any transaction at the moment as things stand. BITBAY:BTCUSD.
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.