RIPPLE Forecast 14.06.2018
Ripple / Dollar BITFINEX:XRPUSD
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 .