You might interpretate in different ways from my point of view it looks like HS formation in a bear flag if trend line broken i see support arount 400 usd more or less
still waiting BTC around 12k 10k area wich might happen around the end of october
if the analisys is correct we might see ..what we don't want to see. If mesuared move is respected Tilray could go a lot more to the downside, still up movement expected for 2023.24
It seams that the ABC correction is ended pretty bad....!!!! Can we see a reversal to the 0.38?
as per daily waves, it looks like has to complete the fifth leg down by mesuared move.
Crowd waiting the test of the 50 ema on the weekly
i cannot exlude the possibility to reach 200 usd or even lower....but need to stard buildin position for the 1k target. Eth went from 350 in 2019 to 90 usd in 2020.......need to keep eyes open to know where I am.
i'm giving 3 years time frame to get to 1k
It looks like accumulation has took place ....but in this case possibility of rs is always under the corner.
Short term wieuv......if it dosen't old the current price then there is a door open to 5 or even 4 usd at that point anything could happen. Going back to penny stock area? or reverse to a new ATH? Trade safe
If it dosen't disappiered .........i'll give 10 years to growth and put no more then 1k on it.
Critical point for wish if accumulation dosen't start will see the price go even lower . On the other hand we could se a potential reversal wich will end by the end of 21 or febraury 2022. I think ther will be an accumulation period till september next earnings report.
Looking at nasdaq....the repeting cycle of any market crash since 2018 to 2023..24. trade safe and keep your seat belt fasten.