...soon we will see countless posts and tweets like showing patterns like the following again.
Two lines, a bullish pattern identified, hundreds of thousands of retailers going LONG.
All that remains is for the institution to join the party to declare the end of the bears.
Incredible how this resistance is acting, isn't it? and it is true that there are still many people going SHORTS there.
The ascending triangle however is a bullish pattern because it really describes the attacks of the bulls on the target resistance. A couple more lunges and the SHORTS will be defeated...
Unless the CZ of the moment comes to us or any other great whale, take advantage of its cetacean power to end up sinking the bullish pressure and then open a large long position in the maximum discount zone ($21,800?)
Yes, we are that simple.
For my part I keep accumulating as if there were no tomorrow.
This cycle is going to be spectacular.
@toofasteddie