ReedusFeleedus

ReedusFeleedus

What do you think? Does the pattern classify as a symmterical triangle? The help would be rly appreciated, happy trading and watch out for a breakout/breakdown for ripple

ReedusFeleedus Updated 

Can we see 20 percent gains, yesterday was a strong move to the upwards, especially since it broke the triangle's upper trendline (notice the high volume) Btw, I would recommend keeping ROCK on your watchlist, its on the verge of breaking out of a symetrical triangle too! Follow and like if you like what u see :)

ReedusFeleedus Updated 

The stock just hit the green support line. To be conservative, I waited for confirmation and the stock has already climbed 100 dollars in the last 3 days. Now, assuming the trend continues, where the stock flits between support and resistance, an easy 220 dollars can be made in the next week or 2 (920-current price) Tell me what you think, like and follow:)

ReedusFeleedus

Its a bullish pattern, what do you think?

ReedusFeleedus

Theres a clear inverse head and shoulders pattern on the chart, which could be signalling the end of the consolidation period after its long bull run. (this pattern only completes if price hits the blue line I drew) Chances are the pattern will complete though since price closed near the highs and attracted more than average volume Tell me what you think, Like...

ReedusFeleedus

Id initiate a short/bearish position if it breaks that support (black) come next week, the stocks trading at an ATH, Zacks says it has an insane trailing-twelve-months P/E of 277.63X, comapred to the industry's 30x. The head and shoulders is a red flag, and a bearish flag can be drawn easily, with the line to the right shoulder from the head being the flagpole. A...

ReedusFeleedus

We just saw a clear double bottom, the pullback into the middle of the 'W' has already begun too, meaning not too long from now, we're gonna see a quick bulish run. The stock's at an ATH and apparently is still destined for more. The OBV is also on a clear rise, another bullish sign Like to spread the message, follow for more and tell me what you think! Ill...

ReedusFeleedus Updated 

I wouldn't personally short/sell this crypto till its broken below the red line ive drawn, but nevertheless, its retraced a lot of it's 2020 gains and looks ripe for a reversal. OBV, a favourite for me has also reduced considerably as its price ranges in the pennant's insides -- Another bearish sign. Im still neutral but lets see what happens Hit the like button...

ReedusFeleedus

If you go back in AMD's chart, the golden and death cross has historically been a pretty good indicator to follow, and today, the death cross occurred, right below the pennant. While this may seem bearish, Id wait another couple days to make a trade because AMD just hit a looong support line ( A support trendline thats held for nearly 4 years (its that green...

ReedusFeleedus Updated 

The ETH USD chart has just created a double bottom, which for those of you who dont know is a well known bullish chart pattern. It has also begun its pullback into the level of the W's '\' part's top, this area will act as support and rocket it into the high 2000s. The effect of this pattern is only stronger since technical analysis largely influences crypto...

ReedusFeleedus

I didnt mention in the picture but the RSI was nearly oversold too - so many bullish signs, ask me anything here and Ill respond if I see it! (the 80% upside isnt too hard to achieve becos if you notice, its been flitting between support and resistance, going up and down 70-90% each time NASDAQ:MVIS