BBehn

Bowl of Teriyaki Chicken

BITFINEX:LTCUSD   Litecoin
We can clearly see that a bowl has formed with Teriyaki Chicken over the 20 day support. Ideally, we're looking to form a Fork on the Chande Momentum Oscillator 2 hour chart. On the other hand, if the RSI doesn't complete a descending Sauce Wedge in the next 6 hours, we may end up with a Chopped Stick formation. The volume chart is also beginning to show some resistance on the 50 MA, which may overfill our bowl and be a huge mess. Our proprietary algorithms are sending strong signals that we will either go up or down (or sideways).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.