AMD right now is creating a rising wedge. This should break to the downside, however the ichimoku is currently very bullish. I predict that AMD goes to $32 ish, and has a dump, possibly all the way down to $12-$13, or even $6.
Bullish Signals:
Price moves above cloud (trend)
Cloud turns from red to green
Price Moves above the Base Line (momentum)
Conversion...
Seems like a possible cup and handle is forming on the 4 hour EOS/ETH chart.
In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed a smaller drop and a rise past the previous peak.
XLM falling wedge appearing
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. So, it should breakout to the top.
