Double Top and Double Bottom Indications

TRADING VIEW

In crypto trading it is very must to know about every signs and to know about the candles which will help you understand about the market move and to know about the market trend.

If you want to be a good trader you need to give time for learning. You need to understand about important indicators and candle patterns.

This will help you with 80% to know about the next market move. In this post I am going to shed light on double top and double bottom and what does they mean?

You may have seen that a market sometimes makes a double bottom pattern which means that BTC rising from $60K and then reaching to $64K and then again retesting $60K, in this case candles makes a double bottom.

In such a scenario market is extremely bearish and about 80% the market has to crash.

In the same case, with double top when you see a candles are making double indicates a bullish pattern. Which means after testing its double top the market may show bullish move.

With 80% markets follow this double top and bottom patterns.

Hope you understand about these market candles which will surely help you in getting right trades.

THANK YOU!