Double bottom breakout:
A double bottom pattern is a bullish reversal pattern in technical analysis that signals a potential change in trend. It forms after a downtrend and looks like the letter "W." This pattern consists of two distinct troughs at approximately the same price level, separated by a peak in between.
Also, a positive divergence is visible on hourly RSI
A double bottom pattern is a bullish reversal pattern in technical analysis that signals a potential change in trend. It forms after a downtrend and looks like the letter "W." This pattern consists of two distinct troughs at approximately the same price level, separated by a peak in between.
Also, a positive divergence is visible on hourly RSI