XDN Preparing (Small) Run

Hello everyone! Here is my second TA. Again, I enjoy doing this but I have much to learn. Let me know what you think and whether you have advice for me.

In the chart, I see a pattern like we had after the first big pump of XDN. I think we are still in a descending movement (see movement after the first big pump) so I would not buy for the mid term but for those who still hold some XDN a relatively good sell moment is incoming (option 1). In case the graph does not break the red line and stabilizes it skips option 1 and we should focus on option 2. When the graph has stabilized around $0.53 for at least 2 days we should prepare for a big pump.

Thanks for having a look and I am looking forward to your opinions!

Kind regards,

Daniel
Chart PatternsHarmonic PatternsTrend Analysis

Penafian