BQX ( Ethos ) is posied for a 500% increase after its break from the bullish pennant formation. The volume and the formation of the candles justify that. The decrease in volume shows that a sudden surge is just around the corner.
Pretty similar to what happened to NEO in August when it increased 5x in just 12 days, after NEO broke from its penant formation.
Pattern seems to be flowing as expected. The bottom part of the flag was respected, and we are beginning to see bullish movement now.
Price expected to test the upper part of the pennant.
Volume still in decline, thus respecting the downtrend in the volume, which should give room for volume explosion and the first step for the upwards spiral towards the 5x target.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.