Long term uptrend broken. On last major price support level. Looking for a break of either the wedge resistance or red support to confirm direction. Tesla looking weak so expecting it to break to the downside but you never know. Will enter a short upon break of red support line or on a retouch of thick blue resistance and will enter a long if that blue resistance gets broken.
@kryptowavetrader, good call man. The tide for me turned when after the autonomous day the price didn’t react at all. Market wasn’t having any of musks promises. That was a strong indication of which direction it was destined to break. The question now is how deep will it go? I’m looking to cash at around $200 mark