The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
If $VISL breaks out of this symmetrical triangle, it'll take off in a big way.
Last time Netflix's monthly chart showcased this very similar symmetrical triangle it broke out in a big way!
Slight bullish divergence on the RSI here, possible double bottom here.
$48 may have been the local bottom for $AMC, let's see how this week plays out
An inverse Head and Shoulders/ Cup & Handle is forming on the $Wish chart, bear may have to buy back to cover their shorts in the near future.
Bulls need to be ultra aggressive here or bears will send this Head & Shoulders back to low 30k's BITBAY:BTCUSD