InvestorsHub Logo

ElectricMountain53

06/08/24 3:37 AM

#193804 RE: jeunke22 #193802

As a long and 48% underwater, I feel myself in dire straits tbh!
And to what extend can we believe KCOO´s post on reddit yesterday?? Never trusted messages like that...

Mdk1

06/08/24 4:08 AM

#193805 RE: jeunke22 #193802

Indeed, exactly how I see it - there's no reason to be misled here... Despite how strange it may seem, the long-term chart remains bullish. Whether you refer to it as a Falling Wedge, a Bullish Pennant, or a Bull Flag, all these patterns indicate bullish trends. Yesterday, we reached the major support area, which suggests that the bottom is close (support line/area). However, if these manipulative MMs choose, we could still see a drop to the $2.1 area. We'll have to wait and see...
https://www.tradingview.com/x/0Rs3AdnJ/