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THREETREND RESEARCH

17th Jun · SEBI-Registered Analyst

$CARTRADE A Rounding Bottom Pattern is a bullish reversal chart pattern that forms after a prolonged downtrend, where prices gradually stop falling, move sideways, and then slowly start rising, creating a bowl-shaped structure. This pattern indicates a shift in market sentiment from selling pressure to buying interest. A breakout above the neckline or resistance level confirms the pattern and often signals the beginning of a new uptrend. Higher trading volumes during the breakout add strength to the bullish signal and increase the probability of further upside movement.

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