A Double Bottom Pattern Has Formed On the 30min BTC Chart?

31 Jan 2018

What do you guys think? Could finally mean a trend reversal after yesterday's vicious mauling by the bears.

31 Jan 2018

Catatan

Hardly any volume swells to go with it once it broke the neck line but it's currently moving upward the way you'd anticipate the candles to ead on a double bottom. I'm remaining cautiously optimistic. binance, bittrex and other major exchanges aren't doing the markets any favors by closing their doors to new registrants. I think once they do massive volume spikes will come pouring into the industry.

31 Jan 2018

Catatan

if the trend is valid even without the volume spike, then we could see the upward momentum carry us as high as 10600 maybe further.