Double bottom resolving higher on a decisive breakout, and the volume behind it confirms buyers forced the issue rather than drifted into it. Momentum still has room, which matters — this isn't a stretched move chasing exhaustion, it's early-stage control shifting to the bulls.
🗓 Daily: Neutral — daily is mixed — Supertrend and EMAs not aligned
⏱ 4H: Double Bottom · Bullish bias
⏳ 1H: price is above the level but the 1H trend hasn't turned up yet — a 1H close that flips the trend up is the trigger.
📋 WHY IT QUALIFIES
✓ Double Bottom structure completed
✓ Decisive breakout — closed 6.4% beyond the line
✓ Volume 1.6× its 20-bar average
✓ RSI 57 — momentum confirms, not yet exhausted
🧭 Bias: Bullish while price holds above $524.5000
⚠️ Invalidation: 4H close back below $524.5000
🔵 Support $502.1500 🟡 Resistance $524.5000
$AMDB $BTC #ChartPatterns
Education only, not financial advice.
🗓 Daily: Neutral — daily is mixed — Supertrend and EMAs not aligned
⏱ 4H: Double Bottom · Bullish bias
⏳ 1H: price is above the level but the 1H trend hasn't turned up yet — a 1H close that flips the trend up is the trigger.
📋 WHY IT QUALIFIES
✓ Double Bottom structure completed
✓ Decisive breakout — closed 6.4% beyond the line
✓ Volume 1.6× its 20-bar average
✓ RSI 57 — momentum confirms, not yet exhausted
🧭 Bias: Bullish while price holds above $524.5000
⚠️ Invalidation: 4H close back below $524.5000
🔵 Support $502.1500 🟡 Resistance $524.5000
$AMDB $BTC #ChartPatterns
Education only, not financial advice.
