#DoubleBottom #IfYouAreNewToBinance #SCREEMINGBUYME #SCREEMINGBUYTHEDIP
Several Binance-listed cryptocurrencies currently showing signs of a double‑bottom (W‑shaped) pattern—a common bullish reversal signal—confirmed with oversold momentum (RSI), volume dynamics, or Bollinger Bands:
📉 Doubles in Formation
Avalanche (AVAX)
Spotting two pivots around $18.50, suggesting a possible double‑bottom setup on the daily timeframe.
On‑chain activity is surging, and declining RSI supports this potential reversal. A breakout above $22.50 (neckline) could open a move toward $26–$27 Binance+1Binance+1Brave New Coin.
Binance Coin (BNB)
Short‑term charts show a classic W‑pattern after recent pullbacks, with rising volume on the latest upward move.
A breakout above $667 is the key confirmation; upside potential aligns with the double‑bottom target zone Brave New Coin.
Dogecoin (DOGE)
DOGE has formed a pair of bottoms near $0.25, with the neckline resistance holding around that level.
A decisive breakout above $0.25 alongside rising volume could fuel an 80% rally toward $0.42 Binance+1TradingView+1.
CRV (Curve DAO Token)
According to TradingView analysis, CRV is forming a textbook double‑bottom near its channel low.
Paired with volume profile support (POC), this setup offers a solid reversal base if CRV breaks above the neckline area TradingView+7TradingView+7Binance+7.
FHE (ASX:FHE)
On lower‑cap pairs, FHE is testing a double bottom around $0.00000075, with RSI rising from oversold and price hugging its lower Bollinger Band.
A breakout above $0.00000085, confirmed by volume, could propel prices toward $0.00000110+ TradingView.
📈 Key Confirmation Filters
Binance guidance emphasizes combining:
W‑shaped price setup (two similar lows, forming a “W”),
extremely low RSI (typically below ~20–30),
and price touching or dipping below the lower Bollinger Band.
When all three align, false signals reduce dramatically Binance.
🔍 Technical Summary
Coin Bottom Level Neckline Level Signal Triggers on Breakout
AVAX ~$18.50 ~$22.50 Higher volume + RSI recovery
BNB Recent candlestick lows~$667 Breakout with volume confirmation
DOGE ~$0.25 ~$0.25 Strong breakout + volume swing
CRV Channel low zone Minor swing high POC support + double‑bottom trigger
FHE ~$0.00000075 ~$0.00000085 Oversold RSI bounce + volume spike
📌 How to Use the Setup
Identify the W‑pattern: Two troughs at roughly equal bottoms, separated by a peak (neckline).
Check momentum: RSI below ~30 indicates oversold conditions.
Confirm with volatility: Price should be at or below the lower Bollinger Band.
Breakout condition: Enter trade after close above the neckline, ideally accompanied by rising trading volume.
Manage risk:
Stop‑loss: Just below the second trough.
Target: Based on height between bottom and neckline, projected upward from breakout .
💱 Major Market Context
Bitcoin (BTC)$114,267.00+$1,934.00(+1.72%)Today1D5D1M6MYTD1Y5Ymax
Ethereum (ETH)$3,508.40+$127.09(+3.76%)Today1D5D1M6MYTD1Y5Ymax
Bitcoin and Ethereum show broadly stable prices, while select altcoins exhibit technical setups that may still reflect price dislocations.
⚠️ Notes & Cautions
Micro‑cap coins like FHE or CRV carry high liquidity risk and slippage.
Pattern confirmation matters—avoid jumping in pre‑breakout.
No pattern is guaranteed; always use stop‑loss and position sizing.
Combine chart pattern signals with contextual market and news developments.
✅ In Summary:
AVAX, BNB, DOGE, CRV, and FHE are showing double‑bottom formations on Binance.
For each, look for RSI < ~30, price near the lower Bollinger Band, and volume‑driven breakouts above neckline.
Entry only after breakout confirmation, with defined stop-loss and target levels.