Today’s Technicals 14.06.2018

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June 14, 2018 by
Today’s Technicals 14.06.2018

BITCOIN Forecast 14.06.2018

Pattern: Triple Bottom

DEFINITION of ‘Triple Bottom’

A triple bottom is a bullish chart pattern used in technical analysis that’s characterized by three equal lows followed by a breakout above resistance.

ETHEREUM Forecast 14.06.2018

Pattern: Double Bottom

DEFINITION of ‘Double Bottom’

A double bottom is a charting pattern used in technical analysis. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter “W”. The twice-touched low is considered a support level.

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LITECOIN Forecast 14.06.2018

Pattern: Support Level

DEFINITION of ‘Support Level’

Support or support level refers to the price level below which, historically, a stock has had difficulty falling. It is the level at which buyers tend to enter the stock.

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RIPPLE Forecast 14.06.2018

Pattern: Double Bottom

DEFINITION of ‘Double Bottom’

A double bottom is a charting pattern used in technical analysis. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter “W”. The twice-touched low is considered a support level.

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