Q Coins followed Bitcoin's correction last night, but today's trend is somewhat different. From the 15-minute K-line chart, the price around 0.017 shows a clear double bottom pattern, which is a typical bullish reversal signal. Currently, the rebound strength is quite good, and the upward trend line has been effectively broken.



From a technical perspective, this rebound is indeed worth paying attention to. If you plan to participate in this rebound, the 0.017 level can be used as an entry reference, as it is a key support level from previous lows. For risk management, setting a stop loss below the strong support at 0.0155 is more prudent, helping to handle sudden extreme movements.

Regarding target levels, the first target is 0.0175, which is a previous high; the second target is 0.0178; if the momentum continues to strengthen, the high at 0.0182 is also within sight. Once a breakout occurs upward, there is further room for higher targets. Therefore, the key is not to be scared out by short-term volatility and to stay patient while monitoring this asset's trend.
BTC-0.99%
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down_only_larryvip
· 6h ago
Double bottom again? I feel like I see this term every week... Enter at 0.017, stop loss at 0.0155. I'm getting tired of hearing this set of arguments. But to be fair, this rebound is indeed a bit interesting. Just don't tell me to be patient and follow up, because when an extreme trend occurs, I’ve seen traders get stopped out immediately.
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¯\_(ツ)_/¯vip
· 01-07 10:52
Double bottom? To me, it looks more like repeatedly getting chopped up by the market. Many people buy in at 0.017 and get crushed down again.
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DegenGamblervip
· 01-07 10:51
Double bottom reversal? I don't understand these lines, and I'm probably going to get cut again.
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AlwaysMissingTopsvip
· 01-07 10:50
Double bottom reversal? It looks more like a repeated pattern of getting chopped up, right? Those who bought in at 0.017 are probably trapped now.
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LucidSleepwalkervip
· 01-07 10:42
I've heard the double bottom reversal explanation too many times. Every time they say there's a signal, but I still get trapped.
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gas_fee_therapistvip
· 01-07 10:37
Double bottom reversal? Looks good, but I don't know how long it can hold. There are too many candlestick tricks in the crypto world.
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