According to Crypto Rover, PLUME has confirmed a W structure on the chart, signaling a bullish bias as shared on Sep 15, 2025. Source: Crypto Rover (@rovercrc) on X, Sep 15, 2025. A W structure typically refers to a double-bottom reversal pattern that is considered confirmed when price breaks above the neckline, which many traders view as a bullish continuation trigger. Source: Investopedia, Double Bottom definition. Traders commonly look for expanding volume on the breakout and may estimate an upside objective using the pattern’s height, while invalidation is often placed below the recent swing low. Source: Investopedia, Double Bottom trading approach.

According to Crypto Rover, Wormhole (W) is demonstrating a bullish W pattern on its price chart, indicating a potential upward move. He highlights that Wormhole's strong fundamentals, including cross-chain interoperability and robust ecosystem growth, support a favorable trading outlook for altcoin traders. The current technical formation, combined with increasing developer adoption and on-chain activity, suggests that $W could experience a notable price rally in the short term. Traders are advised to monitor breakout levels for optimal entry, as verified by Crypto Rover on Twitter (source: Crypto Rover, Twitter, May 9, 2025).

According to CrypNuevo, the W pattern for Bitcoin has played out, allowing for futures trading with easy invalidation below the lows. However, it is premature to assert a bullish momentum since Bitcoin remains below the main resistance level of $91.5k and is experiencing choppy consolidation between the 1D50EMA and 1W50EMA. This suggests caution as the market lacks clear bullish signals above these critical resistance levels.

According to CrypNuevo, there is a potential scenario in the cryptocurrency market where the CME gap that occurred over the weekend might be filled. This is a common occurrence, although it does not need to happen immediately. Traders should monitor the market for a reaction after the wick fill, which could lead to the formation of a W pattern, a bullish indicator. This information is relevant for traders looking to identify potential entry points and market movements. Source: CrypNuevo.