Bullish Pennant, awaiting confirmation Pros: Descending volume during formation Golden cross in blue Volume at break out PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 200MA ascending Cons: 250RSI below 50
If confirmed: PT = 0.24$
Thank you to those who donate Coins! Stay Humble, have fun, make money!
question: why this flag pole is too deep into the chart ( bottom side) ? Thanks !
LeLaf
⋅
@otaborda, Basically went back to where the uptrend started.
jeffreytesterman
⋅
Hey @LeLaf , I absolutely love these charts. Can you please explain what the confirmation looks like?
Also, RYCEY looks to have the same bullish pennant and I'm trying to create a chart similar to yours. Can you create one for RYCEY so I can see how you would do it?
I can send coins over your way.
THANKS!
LeLaf
⋅
@jeffreytesterman, Basically just another candle inside the green sone is enough of a confirmation for me.