Beyond Meat suffered much from its downtrend but a little bit of hope just occurred on the chart. It is called Piercing pattern, a green candle (showed with the arrow) opens lower than the previous minimum. Then the price goes up showing that the bulls are ready to take action. It's still in downtrend therefore I would sell around the lower blue line (@126)...
Hello, dear fellow traders! I know that recently Bitcoin experienced a heavy drop in the price. Now we are all waiting for the bull market but the reality can be worse than our best expectations. Kagi chart can be really helpful in predicting tops, bottoms and trends. Now you can see a so-called Double Window Top pattern. This pattern is a really rare yet a strong...
As you can see, TVC:GOLD formed a very rare yet really strong pattern called ‘Three Buddhas’. This pattern is similar but identical to the western ‘Head and Shoulders’. Notice how the third Buddha’s leg is breaking two resistance (waists in Kagi terminology). Considering the high price of the precious metal now, it could be a reversal point since the chart has...
