MUEBTC double bottom is forming

Volume is rising, Stoch RSI is in the oversold state. We see a possibility of Double bottom formation to be finished on the 4-hour chart. Although BTC fluctuates hard this can be a safe long-term trade, targets are mentioned on the chart

Kommentar:

Currently we face with market fluctuations so the right cup should be wider. The price bounced 4th time from the support of 0.00001300. It needs more time to finish the formation

Trade ist aktiv:

Reached 1st target.
Profit is 31.25%