AMD Ascending/Inverse H&S
Updated
I drew the green upward line to $64 as I think the H&S and ascending triangle could work together for that price point.
Price is determined by the current height of the ascending triangle.
Ascending triangles could go either way and aren't that reliable, the inverse H&S + ascending makes me think we go up.
Daily: Hitting $30 would break a long term trend.
Price is determined by the current height of the ascending triangle.
Ascending triangles could go either way and aren't that reliable, the inverse H&S + ascending makes me think we go up.
Daily: Hitting $30 would break a long term trend.
Note
Very cool! looks like it's almost there. RSI is at the bottom on the 1hr chart, SMI is low enough for a small pop up to $64.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.