BTC needs to hold above neckline to keep bullish context

Greetings everybody,

Our Friday's bet on Double Bottom pattern was correct, but right now is a moment of thruth for BTC.
In two words - it needs to stay above the 6505 lows to keep bullish context.

We see two possible scenarios that could realized here. And one of them that already almost in place
we discuss on our forum. It describes in details how to play current situation on hourly chart.

Just visit our signature link and turn to last page in thread to read it. Also you will find a lot of interesting on ETH and Ripple analysis, made by our forumers.