Binance Square
DoubleBottom
30,307 views
11 Posts
Hot
Latest
LIVE
LIVE
The Poor Trader
--
LIVE
--
Bullish
🚀 Double-Bottom Pattern: Bullish Breakout Ahead? 🚀 📊 The BTC/USDT chart shows a double-bottom pattern, hinting at a potential bullish breakout! 📈 🔢 Breakout Target Calculation: 1. Support Level (A): $52,550 2. Resistance Level (X): $65,000 Formula to find the breakout target: Target = Resistance + Resistance -Support = 65,000 + (65,000 - 52,550) = 77,450 ] 📊 Example: If BTC breaks the $65,000 resistance, we could see a move toward $77,450. 💥 Key Takeaway: Watch the $65,000 level closely! A breakout could signal a strong upward rally. 🧑‍💻 Posted by: Future Master Trading #BTC #Breakout #CryptoAnalysis #FutureMasterTrading #BullishSetup #DoubleBottom #BinanceSquare $BTC {spot}(BTCUSDT)
🚀 Double-Bottom Pattern: Bullish Breakout Ahead? 🚀

📊 The BTC/USDT chart shows a double-bottom pattern, hinting at a potential bullish breakout! 📈

🔢 Breakout Target Calculation:

1. Support Level (A): $52,550

2. Resistance Level (X): $65,000

Formula to find the breakout target:

Target = Resistance + Resistance -Support

= 65,000 + (65,000 - 52,550) = 77,450 ]

📊 Example:

If BTC breaks the $65,000 resistance, we could see a move toward $77,450.

💥 Key Takeaway:

Watch the $65,000 level closely! A breakout could signal a strong upward rally.

🧑‍💻 Posted by: Future Master Trading

#BTC #Breakout #CryptoAnalysis #FutureMasterTrading #BullishSetup #DoubleBottom #BinanceSquare $BTC
🚀 Double Bottom Chart Pattern 🚀 A double bottom is a bullish reversal pattern often seen in technical analysis. 📈 It indicates the end of a downtrend and the start of an uptrend! 🤑 Look for two distinct lows at roughly the same price level. Once it breaks above the resistance level, a buy signal is triggered! 💹Pro Tip: Watch out for a volume increase during the breakout to confirm the pattern's strength. 📊#CryptoTradingPrediction #DoubleBottom #BullishPattern #Binance #CryptoTips 💰 Follow us for a chance to win $1! 💰
🚀 Double Bottom Chart Pattern 🚀

A double bottom is a bullish reversal pattern often seen in technical analysis. 📈 It indicates the end of a downtrend and the start of an uptrend! 🤑 Look for two distinct lows at roughly the same price level. Once it breaks above the resistance level, a buy signal is triggered! 💹Pro Tip: Watch out for a volume increase during the breakout to confirm the pattern's strength.

📊#CryptoTradingPrediction #DoubleBottom #BullishPattern #Binance #CryptoTips

💰 Follow us for a chance to win $1! 💰
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number