XRPPAX: Possible Double Bottom Set up?
Updated
"The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between."
I am not confident enough to say play this long, if BTC ever reaches to the strong zone of confluence/resistance at 4400 and gets rejected, expect the same price correlation with alts including XRP to drop drastically.
Timeframe: 8-12 hours
I am not confident enough to say play this long, if BTC ever reaches to the strong zone of confluence/resistance at 4400 and gets rejected, expect the same price correlation with alts including XRP to drop drastically.
Timeframe: 8-12 hours
Order cancelled
stop loss reached, abandon ship!
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