Long
CND clear upward trendline - ignore BTC dump and PBC pump
I was watching CND before the Palm Beach Confidential "pump" happened a week ago (see tradingview.com/chart/CNDBTC/ROfdeYk9-CND-BTC-Binance-ascending-triangle-reversal-pattern), and identified that a reversal had likely taken place. Then, of course, BTC dumped and then the PBC pump.
But don't let that fool you. CND *has* undergone a trend reversal, as far as I can see (trendline drawn so you can see it). Basically buying support and selling the tops should be what you want to do for trades. Honestly, my play is to continue to accumulate and then when the crypto market goes parabolic again, I'm very confident at this point I can sell my stake in CND for a very handsome profit.
But don't let that fool you. CND *has* undergone a trend reversal, as far as I can see (trendline drawn so you can see it). Basically buying support and selling the tops should be what you want to do for trades. Honestly, my play is to continue to accumulate and then when the crypto market goes parabolic again, I'm very confident at this point I can sell my stake in CND for a very handsome profit.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.