What Happens in Bitcoin after Double Bottom Bitcoin Chart Setup?
A double bottoms chart pattern is a bullish bitcoin trend reversal crypto currency signal which signals the current downward market is about to turn and reverse once the double bottoms bitcoin pattern is confirmed.
The double bottom cryptocurrency pattern is a pattern with 2 consecutive lows where the second low is slightly higher than the first low which signals the downward bitcoin trend is losing force & if the bitcoin price of the bitcoin instrument rises above the resistance level which is the high between the two lows then the double bottoms pattern is considered confirmed & the bitcoin price of the bitcoin instrument changes into a bullish trend.
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