Ethereum (ETH/USD) Double bottom 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Double bottom: Active
Last 2,349.30, 12% of the way to target (target is 2.01% from confirmation).
What this tells you
Price finds support twice at a similar low; a break above the high between them (the neckline) often marks a turn from down to up.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Low | Oct 26, 11:00 | 2,289.60 |
| Neckline | Oct 26, 23:00 | 2,340.20 |
| Low | Oct 27, 18:00 | 2,293.60 |
| Confirmation | Oct 28, 00:00 | 2,343.60 |
Recently closed Double bottom patterns: 22 in total, 12 reached the target first (55%), 8 were invalidated and 2 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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