BTC double bottom
Updated
Those who listened to my advice the last time and bought - I congratulate.
Now I want to make an update.
The price approached the next line of resistance. the RSI oscillator speaks of overbought, but the ADX says that the bulls are still strong enough, the MACD is also directed upwards. Also, I noticed a double bottom on the chart of the pattern - a trend reversal pattern.
I recommend placing a buy order slightly above the resistance level - 6350
stoploss - 5700
target is 6950
if the price can not break through the resistance level , it will probably go to the level of 5800-5400.
Now I want to make an update.
The price approached the next line of resistance. the RSI oscillator speaks of overbought, but the ADX says that the bulls are still strong enough, the MACD is also directed upwards. Also, I noticed a double bottom on the chart of the pattern - a trend reversal pattern.
I recommend placing a buy order slightly above the resistance level - 6350
stoploss - 5700
target is 6950
if the price can not break through the resistance level , it will probably go to the level of 5800-5400.
Trade closed: target reached
reached profit takeTrade active
BUY BTCTrade active
I still have open orders. But now you have to be careful, because anything could happen. small timeframes are very important nowTrade closed: stop reached
stop-loss 7300Related publications
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