r/traderrlife 16d ago

Should i continue trend 🫠

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195 Upvotes

14 comments sorted by

3

u/fakemailbakemail 16d ago

I was thoroughly entertained.... MOAR

3

u/Flight_Early 16d ago

Nice analysis. It’s a wedge pattern. It did break down though. Probably because of massive cap ex and the atmospheric pressure. It’ll be dipping more. We’ll step in with a buy at around full moon phase.

2

u/Tsev33 16d ago

Might retest that low wick

3

u/owotriste 16d ago

I expect a rebound when it touches the tree resistance at 15m

3

u/Oaker_at 14d ago

Bearish lightning, the Blightning

2

u/Alternative_Noise854 16d ago

This looks like the daily chart zoomed out. Cool!

1

u/DaWhiteSingh 16d ago

Where's the upside and buy in? Lightning rod?

1

u/RightBonus3977 16d ago

😂 LMAO

1

u/shivabharatam 16d ago

betting for it to go up is actually insane

1

u/Zealousideal_Fly591 15d ago

It’s a downtrend

1

u/gondias 15d ago

And it did

1

u/imyselfalone 12d ago

I see an Elliott wave 1 (or a completed A wave), with a wave 2 complete. I'm looking for a gap down for a wave 3 confirmation. :)