Jkhaliq
BTCST is moving in a descending channel, within a consolidation box…prior BAT pattern suggests it should go up once it touches bottom of the box and upon breaking upward line of the falling channel
Ascending triangle /flag pattern suggests range bound activity. Breaking the tend lines will make the direction clear...Although patterns suggest price breaking down..
Long entry with a SL at 13.53...TP1 is 18.80..Looks in upward trend from here until it breaks previous low
Buy entry can be taken at 900 with a SL of 850. Cup and handle formation with divergence on oscillator. Further, a strong resistance at 944 needs to be broken which will clear way for TP1, TP2.
As per the descending channel, price looks to reach the top. with a SL for 1815, short entry can be taken for good profits.
IN NASDAQ, share price of AMD look to mature the current upward trend with in overall downward channel. Also, ABCD patterns also seems to complete here. Price might go down from here.