This is the general clashing of the trends I'm seeing; which is causing extreme volatility. The megaphone, horn effect on the prices is an indication that the bear trend is stronger. It's going to pull us into the new trend's channel.
ok anyone with half a brain can see this bad boy is in a strong uptrend. red hollow momo hammer bouncing at the bottom of the channel.
i circled a very strong pattern looks like it needed to close above 149 to confirm it (which it did) very strongly
they also are working on a corona virus vax. so lots of plays in store for this bad boy
if it breaks ath it can...
AMBA can be seen to be displaying many chart patterns including, channels both ascending and descending, ALOT of Horn Tops, a rounded bottom, and an Adam & Adam double bottom. Recently a downward trend break can be seen, forming a new upward trend. This may lead to new upsides. Potential long opportunity.
CSLLY has experienced many chart pattern formations over the years, including a horn bottom, an Adam bottom, an ascending broadening wedge which led to a bearish reversal, and is currently experiencing a ‘bump and run’ pattern. ~0.75 regression uptrend, overall very bullish even if a small bearish pullback does occur. A lot of bump and run patterns seem to be...
WIT has formed a parabolic uptrend, with multiple touches on the uptrend line. Charts pattern formations include, Adam & Adam, Horn bottom, Diamond bottom, and a possible falling wedge. A triple bottom is also present on the uptrend line.
XRPUSD has experienced a large drop recently, this has lead to the formation of a horn bottom which may lead to a short term bullish reversal. (6/29, in a bearish market. According to Encyclopedia of chart patterns)