#DASH #ETH

M Top/W Bottom, Teaching Entry Timing and Principles

M Head/W Bottom

Also known as Double Top/Double Bottom, it is a relatively common reversal pattern, composed of two nearby highs or lows. Generally, the volume of the second high/low is slightly lower than that of the first.

The top movement of DASH is a classic example of an M top breaking the neck line, then retracing to the neck line and continuing to decline, which meets our trading requirements: entry logic and stop-loss.

The same movement also occurred in a smaller scale structure of Ethereum a few days ago.

Being able to recognize this kind of structural movement, combined with strategy, our trading will be like adding wings to a tiger.