Forwarded from Crypto VIP Signal
Educational Post:
Double Bottom
A double bottom chart pattern indicates a period of selling, causing an asset’s price to drop below a level of support. It will then rise to a level of resistance, before dropping again. Finally, the trend will reverse and begin an upward motion as the market becomes more bullish.
A double bottom is a bullish reversal pattern, because it signifies the end of a downtrend and a shift towards an uptrend.
Double Bottom
A double bottom chart pattern indicates a period of selling, causing an asset’s price to drop below a level of support. It will then rise to a level of resistance, before dropping again. Finally, the trend will reverse and begin an upward motion as the market becomes more bullish.
A double bottom is a bullish reversal pattern, because it signifies the end of a downtrend and a shift towards an uptrend.
Forwarded from Crypto VIP Signal
Educational Post:
Double Top
A double top is another pattern that traders use to highlight trend reversals. Typically, an asset’s price will experience a peak, before retracing back to a level of support. It will then climb up once more before reversing back more permanently against the prevailing trend.
Double Top
A double top is another pattern that traders use to highlight trend reversals. Typically, an asset’s price will experience a peak, before retracing back to a level of support. It will then climb up once more before reversing back more permanently against the prevailing trend.
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The RBI is of the view that cryptocurrencies should be banned. But any legislation for regulation or for banning can be effective only after significant international collaboration, said Nirmala Sitharaman.
▪️Click Here for full news.
#ZEC_USDT:
#ZEC Possible play out chart 👇. Break down done ✅. Dump📉
https://www.tradingview.com/x/YS0e6DZ1/
#ZEC Possible play out chart 👇. Break down done ✅. Dump📉
https://www.tradingview.com/x/YS0e6DZ1/
TradingView
TradingView Chart
#UNI_USDT:
#UNI Possible play out chart 👇. Break down done✅. Dump📉
https://www.tradingview.com/x/B63YMUvy/
#UNI Possible play out chart 👇. Break down done✅. Dump📉
https://www.tradingview.com/x/B63YMUvy/
TradingView
TradingView Chart
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#BTC_USDT:
#BTC Short term view 👇. Showing perfect Bull flag. Break out will confirm bullish move✅
https://www.tradingview.com/x/IwoYHrpp/
#BTC Short term view 👇. Showing perfect Bull flag. Break out will confirm bullish move✅
https://www.tradingview.com/x/IwoYHrpp/
TradingView
TradingView Chart
TWT analysis:
TWT is forming a symmetric triangle on smaller time frames. If the price breaks the symmetric triangle then we see a move toward the $1.25 major support area. The local support is $1.50-$1.55 area. If the price breaks the symmetric triangle in an upward direction then we see a move toward the resistance of the $1.84-$1.88 area.
TWT is forming a symmetric triangle on smaller time frames. If the price breaks the symmetric triangle then we see a move toward the $1.25 major support area. The local support is $1.50-$1.55 area. If the price breaks the symmetric triangle in an upward direction then we see a move toward the resistance of the $1.84-$1.88 area.