ScotianBot

ScotianBot Updated 

It appears as though Bitcoin has broken out of an Ascending Triangle to the upside, but was quickly rejected back into the pattern forming support on the upward blue sloping line of the Ascending Triangle. Maybe a fake-out before moving higher, however, at the moment the blue horizontal line of the pattern is acting as resistance instead of turning into support...

ScotianBot

Or, possibly a descending triangle, there's been a bearish cross on the KST where I have the red finger icon pointing downward. On the RSI there's a noticeable pattern identical to the price action. I have drawn a hypothetical potential price scenario outcome in green. The green human body & head icon represents the head of a potential Inverted H&S pattern, if...

ScotianBot Updated 

On the KST there is a similar Ascending Triangle and a noticeable bullish cross where I have the blue finger icon pointing upward. I have placed three green finger icons on the regular chart & KST that could be an indication of a triple bottom. In my previous gold post linked to this chart I mentioned how Gold was trading in a bullish flag or descending...

ScotianBot

In blue it appears as though GBR is trading in a bullish flag, but looking at the RSI there's a noticeable bearish divergence, meaning, the price continues to rise but the RSI is declining. On the KST there's been a bearish cross where I have the blue finger icon pointing down.

ScotianBot

Notice the RSI is displaying a bearish descending triangle pattern, similar to the price action, and on the KST there's a noticeable bearish cross which will potentially end up the right shoulder of a H&S pattern. We have seen the blue baseline of support on the RSI hold for the time being. The 3 blue finger icons on the left side of the chart represent a triple...

ScotianBot

OSU is trading in a bullish flag outlined in blue, and the red downward sloping line is potentially forming a descending channel. On the RSI there is a similar bullish flag or descending triangle as to the price. The KST is in an area where we have seen previous bullish crosses, see blue finger icon for examples.

ScotianBot

JPM is noticeably breaking the downward blue sloping resistance of a possible bullish flag, notice on the RSI we have already seen a breakout of the pattern and a re-test of old resistance turning into new support, very bullish. Not a big fan of JP Morgan, only for bashing Bitcoin, other than that, they have the FED in their back pocket, DON'T FIGHT THE FED,...

ScotianBot

TNYBF has broken flush out of a falling wedge to the upside on the RSI, when a stocks price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move, hopefully, that's what has occurred in this situation. Tinley's breaking the downward sloping resistance of a bullish flag on the price action outlined in dark blue, only...

ScotianBot

Bitcoin has broken flush out of an ascending triangle to the upside. On the RSI there's a noticeable breakout of what appeared to be a giant multi month descending triangle, turns out it was a bullish flag, we've already seen a back-test of what was the downward sloping resistance, and it has acted as support for the time being. On the KST we can see a similar...

ScotianBot

The S&P 500 is forming a rising channel or ascending channel marked by two blue parallel uptrend lines. Most stocks typically continue to channel until either trend line is broken. An upside break is a signal that buying intensity has increased, while a downside break indicates an end to the short-term uptrend. On the RSI there's a noticeable divergence,...

ScotianBot Updated 

Since my previous post on OSTK linked to this chart we have seen some support on the KST & a bounce back into the descending channel. Where I had a question mark before on the KST is now another blue finger icon representing a micro bottom. The RSI has additionally bounced back into what was a descending triangle, it's possible we see this play out as a bullish...

ScotianBot

It appears as though there's been a bearish cross on the KST & on the RSI there's a noticeable descending triangle pattern, two bearish indicators with a potential H&S in the share price, tisk tisk tisk. A possible test of $70.00 on the horizon.

ScotianBot

The blue pattern in this chart is displaying a noticeable ascending triangle, TSLA has seen bullish support enter the market twice at the blue upward sloping line of the pattern, and on the contrary, the flat horizontal blue line has acted as resistance multiple times forming a Ascending Triangle. There's a bullish cross on the KST where I've placed the blue...

ScotianBot

It's possible this pattern plays out bullishly as a Bull Flag, there's a noticeable divergence on the RSI, we've seen higher lows in the RSI but the share price has basically chopped sideways. On the KST there's been a bearish cross.

ScotianBot

JP Morgan is under pressure, and rightfully so, considering they've been caught with their hand in the cookie jar, once again, ahhhh the blasphemy! I always find it ironic when the same banks calling Bitcoin a fraud get caught for fraud or money laundering, it strengthens the argument for Bitcoin every single time. Possible H&S breakdown, bearish cross on the...

ScotianBot Updated 

Gold is trading in a noticeable Bullish Flag or Descending Triangle, and the RSI is displaying a similar pattern as well as the KST. On the KST there's possibly a Triple Bottom and a Bullish cross happening on the third bottom, we'll have a better understanding of the third bottom if it remains a higher low in the upcoming trading days/weeks. If the KST gets...

ScotianBot

Gold is trading in a multi month descending triangle that just broke to the downside, keep in mind this pattern has been moderately adjusted since my last because Gold broke out bullishly to the upside, but has since corrected rather drastically, that was a sneaky fake-out to the upside. If the green line of support doesn't hold the dark red line below is the...

ScotianBot

A H&S pattern is clearly noticeable on the RSI & KST. On the KST the right shoulder is lower than the left, but on the price the right shoulder is higher than the left, not sure if that's considered a bearish divergence but if there's further downside action it would seem accurate. On the KST each shoulder & the head display a bearish cross where I have placed...