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vanathi
Sep 10, 2017 4:42 PM

BTCUSD - Double bottom! Long

Bitcoin / U.S. dollarBitstamp

Description

Price action has broken the trend line but formed double bottom at 4000 - 4010 levels. Double bottom is a bullish pattern. Close above the trend line will make the price to move towards 4370, 4500 and 4620.

Trade active

Long
Comments
salilramani
Hi , Nice work Sir, May I know through which portal you trade bitcoins. Thanks
mightytrader
So, just make sure you set your stop-loss. I think BTC can go lower.
vanathi
@mightytrader, If it breaks the double bottom.
mightytrader
There is also something called triple bottom.
vanathi
@mightytrader, On breaking double bottom price will make triple bottom at 3775. Lets see
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