No chart formations this time. I've been following EXRD for quite some time and a 30% bounce from this level seems logical to me. Let's see how this plays out.
EGLD has been in a downtrend from a price value of $213. After a long downtrend, the trendline has recently been broken and I expect some reaction to this. I expect a minimal pump towards $70. I know the crypto space is currently in a bear market, but this is purely a price speculation on the broken trendline after which some pump is quite plausible. I long EGLD...
2 days ago I posted a chart with the idea that bitcoin could dump even further due to the formation of an adam and eve pattern. This pattern seems to be unfolding and so here's a chart update. My expectation is a dump further towards 16k. I also believe that this is the bear market bottom. I am going to open a long position around this 16k level which I will keep...
This will most likely happen. We can see a "adam and eva" pattern forming on the charts, and that is a very bearisch sign. Im opening a short right here. Feel free to hit that follow button :-)
This morning I opened a long on Tesla. Entry around 680 and target between 850 - 870. SL below 610. In my opinion a good risk reward ratio at the moment. When the target is reached, I will keep an eye on whether the price will be rejected here. This would potentially create a head and shoulders formation and provide an opportunity for a short position.