Lets do this one more time! The Shorting Squeeze returns!

10 Mei 2018

You can see that we went through a 'mini' downtrend. You would expect that people would learn from the previous super squeeze but once again the point where people start opening most shorts is after this 'mini downtrend' is completed.
With the price remaining static for already few hours and what looks to be a 'Trolling' rising wedge forming there is a good chance that the people shorting are going to fuel the pump straight through this resistance. As you can see the shorters are rising rapidly.

I'm not sure how big the effect is going to be this time but for sure it would create a big green stick.

Please remmember that this is just a scenario. Do your own research, humans make mistakes.

Goodluck,
VIncent

10 Mei 2018

Nota

Wrong on the trade. I expected something else here! Trade invalidated

11 Mei 2018

Nota

Hey everyone,

Hopefully you are doing fine. I’m going to admit that I got a little to over confident with my last trade call which went very wrong. I was a bit blinded by the green days I think! So I apologize for that.
My goal is to share my passion for trading with you guys and I received some criticism to bring things a little bit more neutral/calm and I agree. This way you can make the right decisions yourself and I will only be here to share knowledge in a fun way. So I will be working on improving my analysis and communication. Thanks for the feedback!

Now lets continue trading!