Reddit $RDDT fundamentals are solid but I've seen more than enough charts to know that when a trendline gets broken, more often than not, price re-tests the underside of the trendline, gets rejected and finds a bottom near the 0.5 fib retracement (area in blue) and that's your "double bottom" which would be at ~$100


Doesn't have to happen but the chart will tell you. If price can break out of the trendline resistance (in white) then path higher is the bias. If it fails to breakout there, then you know where it could go in next few months
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GateUser-bb0e26bd
· 1h ago
👍 👍
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ROCK007
· 2h ago
wonderful
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