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We can take Maximum 16 premium seats from now..

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📢 Coinbase announced new listing(s): EOS (EOS), Augur (REP), and Maker (MKR)

BTC perfect Prediction as always :-)

Facing resistance at $5400-5500 ZONE. (BITMEX PRICE)

Next resistance can be $5760-5850 zone

Premium members :-)

12 hours old post in premium..

Double Bottom :

The Double Bottom technical analysis charting pattern is a common and highly effective price reversal pattern.

To create a double bottom pattern, price begins in a downtrend, stops, and then reverses trend. However, the reversal to the upside is short-term. Price breaks again to the downside only to stop again and reverse direction upwards. With the second bottom of the double bottom pattern, it is usually more bullish if the second low is higher than the first low.

Double Bottom Potential Buy Signal :
A potential buy signal is given when the confirmation line is penetrated to the upside. The confirmation line is drawn across the top of the double bottom pattern (see chart above). Often, after price penetrates the confirmation line, price will retrace for a short time, sometimes back to the confirmation line. This retracement offers a second chance to get into the market long.

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#LEARNING
@bitmexsaviours

Double Bottom :

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Volume also plays an important part of interpreting the Double Bottom pattern.

Generally, volume should explode when the confirmation line is penetrated as it did in the chart..
The Double Bottom reversal pattern is a heavily used charting reversal pattern. Another similar and popular bottom reversal pattern is the Reverse Head & Shoulders Pattern..

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#LEARNING
@bitmexsaviours

Double Bottom..

#LEARNING
@bitmexsaviours

Double Bottom Validation..

#LEARNING
@bitmexsaviours

Binance
#QKC/BTC Take-Profit target 1 ✅
Profit: 6.7416% 📈

Yesterday's Analysis..

Perfect again..

Question : Why alts Dump when BTC is pumped nicely..

Answer : If BTC pumps by 5% in terms of usd price and Alts pumps lower than that % then Alts will obviously dump in terms of satoshi price

Say BTC is pumped from 5k to 5.5k which is 10% while a #XYZ coin is pumped from $100 to $101 means 1%.

Here 10% pump in BTC is much better than the 1% pump in that alt.. Which causes the dump in respective alt's satoshi price as BTC being more expensive than before..

Regards,
Saviour

Guys, due to many channels copying the matter and texts, I am sending it in picture as possibility of they have copied and shared already in their channel..

Another important point is the BTC dominance which I was mentioned before..

In this pump BTC dominance increases massively which is also responsible for the alts dump

Mentioned about that here

.

In BTC dump, scenario of Alts is different, I'll explain it in another post..

Binance strong decision..