Post video later if i can , to show how i got these ideas , but the pic is self explained , very easy to understand
down trend channel is a Bull flag , most of the time the price visit the beginning of the channel before keep the previous trend which is Bear trend , i see few things that we need to be alert , may be creating a head and shoulders which is continuation pattern so it is a up direction , I thought head and shoulders was a down trend pattern , but reading Al brooks...
Mabe is creating a Shoulder Head Shoulder before fall to another leg down
inside bar BO will be a good enter , traders buy the top and sell the bottom of inside bar , if buy enter just use the bar size up and you will have the target
multiple targets was hit , market did a BO and pullback to retest the Trend Line from the bottom , target middle of third rectangle
as you can see the channel was broken and it might get a continuation bar , down trend is strong and bull channels are bear flags
Sell signals are there , we can see DFN is inside a Bear Channel and the Bears gained strength to push the market down
target middle of channel , Dfn is respecting a channel and now is a BO mode always short , Bear are leaving gap opened behind , and this means strength and urgency , might be a BO and bear channel
I believe the price will act the same way as before , my projection is to hit around 3 dollars again
Price did hit the target of the diamond , and now just follow by Fibonacci . Caio possiedi analyses
Wait till it go above the orange line , it may rally from this point , if Elon musk stay quiet . Caio Possiedi analyses
This is the time to buy your house , this rally may go to the moon , as my mentor Caio Possiedi said , this analyses is from him .
if the rally stops right there we will the price go back to 6 dollars ,bottom of the rectangle is the price target , if goes above the todays high it will do the rectangle up