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CryptoTough

BTC Bottoming Action Near 42,000 Signaling a Buy

Long
Bitcoin (BITFINEX:BTCUSD)  
CryptoTough  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD
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trendanalysis chartpattern indicator btcusd
The green breakout candle on May 8 failed to take a BTC higher, signaling a short-term top. Since then, BTC has moved significantly lower for 7 to 10 days. 42,00 looks like a good area to make some buys as the one-hour chart is showing a double bottom with price holding and increased volume.

s3.tradingview.com/s...shots/c/cycYu8QM.png
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