Very bullish pattern in play on the BEST chart in the crypto markets!
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The double bottom W pattern is one of my favorite technical patterns to spot a potential reversal. As the name implies, the double bottom pattern consists of two bottoms that form at a key support level. This price action pattern is unique because it signals a level in the market where demand outweighs supply not once, but twice within a fairly short period of time.
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W pattern invalidated... Looking to heavily add to my bags between .5-.8
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What a great example of why you wait for an open & close above the previous market turning point! Patience is everything my friends! Confirmation>Complications