3rd Quarter 2020 Bullish WEED Case StudyHey there Traders,
Attached is my prediction for $WEED over the course of 2020,
There was a lot of sell pressure in 2019 that has cooled off over the past few weeks. I assume the cool off phase/re-accumulation zone will continue for the first half of 2020 followed by a bullish climb near the 2nd half of 2020
Weedtsx
Bullish Bounce Off SupportText book H&S formation followed by a Bear Flag
Bear Flag Bounced off BB
Acknowledging and understanding the bear flag, the indicator states that in one scenario we could see another leg down.
Givin the current support line holds, the bellow indicators show a possible area where shorts need to cover coming up to a short squeeze.
RSI is showing a over sold as well
Volume Has been decreasing, Looking for some action