BTC double bottom, bulls stronger!
Dear Crypto friends,
after some accumulation on the past days, BTC is coming back from mud and is building a very nice double bottom with bullish divergence and a RSI under bought.
This is the perfect scenario to reach 8.6 - 8.8k during the next period, through an ABC wave movement.
We are still in a bearish downtrend and therefore play low leverage and be safe with stop losses set below the support line.
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
after some accumulation on the past days, BTC is coming back from mud and is building a very nice double bottom with bullish divergence and a RSI under bought.
This is the perfect scenario to reach 8.6 - 8.8k during the next period, through an ABC wave movement.
We are still in a bearish downtrend and therefore play low leverage and be safe with stop losses set below the support line.
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
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