What is a Tripple bottom reversal?
There should be an existing downtrend in place before the pattern occurs. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
is the market forming a Tripple Bottom Reversal?
if that is So, we may see a sharp 8 to 10% down More in Crypto market to confirm the pattern and a wick would give us more confirmation of a reversal.
There should be an existing downtrend in place before the pattern occurs. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
is the market forming a Tripple Bottom Reversal?
if that is So, we may see a sharp 8 to 10% down More in Crypto market to confirm the pattern and a wick would give us more confirmation of a reversal.