looks like a descending triangle, could also argue a bit of a h&s. Should be bearish but a close above that downtrend line should have big upside. Once of those situations I wait for the break.
Jamesmdd
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There is no way this could happen.
NabilOuartsi
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Thanks, happy new year :)
silmaril0875
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But double bottoms on BTC always means bearish movement to come.
UnknownUnicorn846565
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@silmaril0875, A double bottom is a reversal pattern so that's not right. Whatever you were watching wasn't a Double Bottom
silmaril0875
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@JolleyCrypto, I think you need to go back in BTC time and see for yourself...
UnknownUnicorn846565
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@silmaril0875, Since you seem to know so much about double bottom formations why didn't this go bearish? Also, this was the previous breakout before the bull run to 19k. You sir need to study some more charts :)
silmaril0875
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@JolleyCrypto, lets see, if you wrong, please make sure you post it...
UnknownUnicorn846565
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@silmaril0875, How about we make a friendly bet? Surely you are willing to put your money where your mouth is? ;) BTW this is already posted so everyone can see