It seems a good double bottom pattern going to form on SOLBTC chart.
Bottoms are exactly on the 0.618 fibo retracement level and we have an obvious RSI divergence on the chart.
neckline is around 10200 and the target is 11200 around 0.5 fib. level.
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Bottoms are exactly on the 0.618 fibo retracement level and we have an obvious RSI divergence on the chart.
neckline is around 10200 and the target is 11200 around 0.5 fib. level.
please hit the like if you found this idea useful.
join us on Crypto Academi
Trade closed: target reached
target reached nicely. cheers!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.