Will the price suffice here and give us a double bottom !?
OTHERS.D On the weekly chart, we see the price returning to the June 2023 low, and we have a noticeable rebound from the support zone.
It is still early but we may have the beginning of a double bottom formation in this zone and this will definitely not be confirmed unless the price comes out of the downtrend and the neckline .
Currencies are still very low and their prices have been pressured significantly, and Bitcoin's dominance in the market is still high, but I think that if this chart is achieved, we will have a very strong and different season from previous seasons .
We'll be back to this chart soon. ⌛️
Good luck ..
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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.