Long
Tattooed Chef Double Bottom Confirmed - TTCF
The double bottom that appeared on TTCF daily chart is confirmed as the price action has moved through the midpoint of the formation. The price action has also broken through the 200 EMA for the first time since December. It could be a reversal, but for more confidence zoom out to the weekly chart (which is not as pretty).
Note
Following the continuation of the double bottom since posting the 50 EMA is getting very close to crossing the 200 EMA from below on the daily chart - look out for the golden cross.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.