Long

MUEBTC double bottom is forming

Updated

Volume is rising, Stoch RSI is in the oversold state. We see a possibility of Double bottom formation to be finished on the 4-hour chart. Although BTC fluctuates hard this can be a safe long-term trade, targets are mentioned on the chart

Note

Currently we face with market fluctuations so the right cup should be wider. The price bounced 4th time from the support of 0.00001300. It needs more time to finish the formation

Trade active

Reached 1st target.
Profit is 31.25%

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