Alikze ยปยป W | Formation of the Double Bottom pattern - 1D๐ Technical analysis: Formation of a Double Bottom pattern in a descending channel
๐ฃ BINANCE:WUSDT It is moving in a descending channel on the daily time frame.
๐ข In the Buyer Zone, by forming a Double Bottom and a candlestick pattern, it can continue its growth in the first step to the first supply zone.
๐ข If an inverted head and shoulders pattern is formed in the supply zone, it can continue its upward trend to the next supply zone.
๐ข Therefore, if the Buyer Zone is maintained, an upward trend in the form of a three-wave up to the 40 cent range is expected.
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