ENA formed an inverse head and shoulders pattern. Price action has broken above the neckline and retested the neckline . Price is above the 50 SMA. Look for a bounce and then it’s upwards from here.
KAS is retesting the neckline of the inverse head and shoulders pattern on the daily timeframe. Look for a bounce to the upside. Confluence in the form of the 20 SMA about to cross over the 50SMA.
On the daily chart, Bitcoin has formed a bullish pennant pattern. The 20 period simple moving average is also about to cross over the 50 period moving average. Confluence is suggesting a long and strong move is coming.
KAS has broken the neckline of a clear inverse head and shoulders pattern. The next take profit zone is around 0.146. Beyond this, the subsequent take profit area is 18% higher.
