Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
W-Bottom patterns and double bottoms on a Candlestick Analysis is what we look for towards the end of a bearish cycle. Here, in ETHUSDT, we can clearly spot both. Is this the sign of a healthy reversal and the next bullish cycle? There is ONE RULE that still needs to be fulfilled in order for this pattern to be true - watch to find out what we still need to see on ETHUSD chart.
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