evandja

evandja 239 views ・

Continuation of Bull Pennant uptrend that began the start of August. This Pennant is different than the previous two in that it consolidates at long term resistance marked with yellow horizontal line, hence the tighter pattern. Confirmation of RSI over 70 and bullish divergence in MACD along with similar Bollinger Band consolidation and breakout could indicate...

evandja 171 views ・

The general consensus by those much more knowledgable than I seems to be that BCH will continue bear trend set in motion soon after onset, and that the upward trend seen today was merely a common capitulated exit bounce from dump. This is merely a possible hypothesized pattern that we all know & love if trajectory continues within the parameters of the bull flag,...