Will you pick up?
Channel - We're conforming well to a nice channel ending in a strong support that just caught a large fall. I think we'll see a breakout from this very soon.
Trend Indicators - The RSI is approaching the lower band, very good sign of a breakout. The MACD isn't as useful here are it doesn't really have enough data.
I'd laugh if you thought I...
English Breakfast or Earl Grey?
Let's keep this one simple.
C&H - As you can tell, I like Cup and Handle formations. This one looks about 75% complete, and with the support from the start of IOST's spike to the bottom of the cup and beyond, it looks like this pattern is a safe bet.
Volume - We're dealing with double the volume we had in IOST's accumulation and...
I'd better put the kettle on.
After a relatively successful Wedge, it's time to turn our attention to BNB's 4H Cup and Handle pattern.
C&H - This beauty is fully formed at is spiking as I write this, and with more information about Binance Chain and a BNB burn likely coming soon, now could be a great opportunity to buy in.
Targets - I've marked some previous...
We'll have a whole lot of green cheddar after this moon mission.
Following the Binance Chain announcement, we'd better get ready for takeoff. Once this guy hits the support, we'll be flying.
Wedge - We've got a tasty wedge that's almost fully formed - just a few more hours and we'll be golden as it reaches the apex. The channel inside is also guiding it to the...
First rule of DGD club: don't talk about DGD club.
We've got a nice Inverse Head and Shoulders forming here. This is a more reliable pattern than trying to make a handle to the cup out of the right side, and it'll still moon regardless.
Channel - Bounced around in a channel for a while before breaking out, forming the right side of a cup (though as I said I'm...