ScotianBot

ScotianBot

On the RSI there appears to be a noticeable divergence, there's a series of higher lows forming an ascending triangle. The price is displaying a series of lower highs forming a descending triangle. A bullish divergence or bearish divergence? A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation...

ScotianBot

It appears as though GBR is displaying some bearish indicators coinciding with a price decline into a descending channel. The Williams Alligator is showing a bearish cross and the bands widening pointing to the downside showing bearish strength.

ScotianBot

It appears as though BTC is trading in a descending channel or a falling wedge. On the RSI there's clearly a descending triangle with a series of lower highs. On the DMI there was recently a bearish cross coinciding with a sharp decrease in the price. It's likely BTC bounces off the baseline support of the descending channel, look for sell pressure at the...

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In dark blue, you can notice a bearish flag pattern forming with multiple bounces off the horizontal baseline of support and what appears to be a series of lower highs underneath a downward sloping resistance line. A possible Macro H&S pattern would coincide with a blow-off top at the launching of Goldman Sachs bitcoin futures contracts, similar to late 2017 CME...

ScotianBot

Since July 2019 it appears as though BevCanna is the top-performing beverage-related stock, which Is very telling of the market considering BevCanna has 0 cannabis beverages available and 0 U.S assets or licenses. To each their own, let's see how this chart looks this time next year, glta. I would add VIDA & DIXI but they have disappeared into the P&D abyss.

ScotianBot

On the RSI Bitcoin appears as though it wants to break the downward sloping resistance of a descending triangle. The upward sloping support of the ascending triangle has seen multiple touchpoints, and the more a trend line is tested the more likely it's going to be broken, the same goes for the horizontal resistance. The KST is displaying a bullish cross where...

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It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward. On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one...

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GMG has been on one hell of a ride, I've been holding this company since before the halt when it was CUSPIS Capital, unfortunately, I sold a majority position way too early once the halt was lifted after nearly 6-7 months. It appears as though the share price is consolidating into a Descending Channel on a log scale chart and more of a falling wedge on a % gain...

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It appears as though TNYBF has broken the downward sloping resistance of a descending channel, and upon back-testing old resistance, it has turned into support for the time being. The Williams Alligator bands are widening to the upside which is inherently bullish and exactly what traders look for in healthy uptrends or a defined shift in momentum. On the DMI...

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Hive appears to have consolidated into a GIANT Bullish Flag or Descending Triangle pattern. The horizontal baseline of the pattern has acted as support numerous times, and this specific price range has a lot of confluence dating back to early January of this year when it acted as a ceiling resistance before Hive sliced through it like butter surging over $7.00...

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OSTK's earnings are fast approaching, it'll be interesting to see if there's any bullish momentum from the numbers. Since early January this year up until today, the blue upward sloping support of the pattern has held forming a series of higher lows & an Ascending Triangle. On the KST there's a bullish cross where I've placed the blue finger. The DMI is...

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It appears as though CRSP is potentially bottoming out and forming an Ascending Triangle pattern. On the DMI there's been a bullish twist where I have placed the blue downward pointing finger. On the KST there's been a bullish cross where I have placed the blue check mark and upon back-testing the red line we've seen a bullish bounce where another check mark.

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It appears as though GRAMF is trading in a descending channel that shows minus the minor deviation where the price breached the support but quickly went back into the channel where I've placed the blue sideways finger. On the DMI there has been a bullish twist where I've placed the green downward pointing finger. On the KST there has also been a bullish cross...

ScotianBot

Gold is clearly at the top downward sloping resistance of a descending channel, it'll be interesting to see if there's enough bullish momentum to break out of the pattern formation... If not, look for an entry at the bottom of the channel if the gold price starts to see overwhelming bearish pressure. The Williams Alligator is getting tighter and starting to...

ScotianBot

It appears as though QCCU is trading in a descending channel, if the bottom support is lost then be very cautious. On the KST there's been a bearish cross where I have placed the red downward pointing finger. The DMI is showing a bearish cross where the red line has crossed over the blue in an upward motion, I have placed red finger icons as some other similar...

ScotianBot

It appears as though Bitcoin has pulled a fake-out to the upside of an ascending triangle but has found support on the blue upward sloping support of the pattern.. On the RSI there's clearly a lower high after lower high since BTC reached ATH's forming a descending triangle pattern, but the downward sloping resistance is on the verge of being breached to the...

ScotianBot

On a long-term chart for TNY, it appears as though the price has formed a bullish pennant pattern in blue. The RSI is displaying a bullish flag. A bearish cross has occurred on the DMI where I've placed the red downward pointing finger. The price has noticeably broken the red downward sloping resistance of a Macro descending channel and upon back-testing has...

ScotianBot

TNY appears to be trading in a descending channel on a micro-level. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form within longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices, but only after an upside penetration of the...