BCHABC - IHS/Bullish Continuation Pattern, Get Ready!

BCHABC is looking great after its massive breakout several days ago. On the hourly chart, you can see the MACD has found support at the zero line and the price action has formed a bullish pennant. This is also the right shoulder of an inverse head and shoulders pattern. If BCH continues to the upside out of this pennant and through the pink neckline, we could have a target of .085.

Yorum:

Right shoulder is coming along, 4 hour MACD curving upward. Looking great!