#DoubleBottom #CryptoBuyZone #SCREEMINGBUYME #SCREEMINGBUYME
Coins listed on Binance that currently have a double-bottom setup, with RSI under ~20 and price near or below the lower Bollinger Band—here's what the research uncovers:
🔍 What the Indicators Mean
Double-bottom pattern: a bullish reversal structure where price forms two distinct lows at or near the same level, indicating strong support.
Price at or below the lower Bollinger Band: suggests the coin is potentially oversold versus its recent volatility range .
RSI below 20: implies extreme oversold conditions on momentum oscillator (very rare but highly bearish/extreme oversold) .
Traders often look for confluence—double bottom + oversold Bollinger + RSI <30 (or <20 for stronger signal)—for a high-probability rebound setup.
✅ Recent Binance Examples (from Binance Square analyses)
• ADA (Cardano)
RSI(14) hit ~28, below 30, price dropped close to the lower Bollinger Band (~26% deviation).
Analysts pointed to a double‑bottom-like price structure with potential rebound toward ~$0.657, stop-loss near ~$0.56 .
• BABY (BabyDoge on Binance)
RSI around 24.8, touching lower Bollinger Band support (~0.0712).
A bounce setup targeting the middle band (~$0.078) was flagged within 24–48 hours .
These examples aren’t confirmed double-bottoms, but they meet strong oversold criteria with Bollinger/RSI confluence—classic precursors to reversal patterns.
❗ Current Limitations
Public signals are limited on Binance for true double-bottom setups with RSI below 20—most signals feature RSI between ~24–30.
RSI <20 is extremely rare, often seen only in deep capitulation phases. Public chart scanners seldom report such extremes.
📋 Summary Table
Coin RSI (approx) Lower Bollinger Band ?Double‑Bottom? Analyst Setup
ADA ~28✔ Yes(~lower band) Partial Light long near $0.58, target ~$0.657 +
1BABY ~24.8✔ Yes Partial Bounce play around $0.075, stop ~0.071 Binance
🧭 What You Can Do
Use TradingView or charting platforms to scan for:
Symbols trading at or near the lower Bollinger Band
RSI below 30, ideally under 20 for stronger signals
Double-bottom chart patterns on 1H–4H or daily charts
Look for all three conditions together for higher-probability setups:
Price near lower band
RSI deeply oversold (<20–30)
Clear double‑bottom price structure
Confirm with volume pick-up, positive RSI divergence, or price break above neckline/support before entering.
✅ Final Take
I didn’t find live public examples of Binance coins meeting all three criteria perfectly, especially RSI <20 + double bottom.
However, ADA and BABY on Binance Square did show RSI <30 + lower Bollinger Band touches, which are close — and worth monitoring .
For truly valid setups, you’ll need manual chart scanning of coins with heavy pullbacks and possible double‑bottom structures
