BTC 15m Double Top Turned Into Smaller Double Bottom

By RockinHood
Updated
The double top we had was invalidated twice, creating a smaller double bottom pattern, which is already broken and now retested. A potential target is 20320, and above that price, we have a big hole in VPVR, which can help the price rise above this level too. To me, this seems like a fake out, based on the waves indicator at the bottom, but the long option is possible.
Comment
And here we are. The price target was reached at the exact time of the apex of the double top before.
Bitcoin (Cryptocurrency)chartanalysisChart PatternsDouble BottomDouble TopLONGpatternTechnical AnalysisTrend AnalysisWave Analysis

Related publications

Disclaimer