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Alpha Venture DAO (ALPHA) - Bullish divergence

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On the above 2-day chart price action has corrected 95% since February 2021. A number of reasons now exist to be bullish, including:

1) The ‘incredible buy’ signal

2) The regular bullish divergence. As a matter of fact, 10 oscillators are printing bullish divergence over a 30 day period. Amazing.

3) RSI resistance breakout.

4) This is a ‘What if’ list candidate.

Is it possible price action falls further? For sure.

Is it probable? No.

Ww



Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know.
Return: 10-15x
Trade active
Price action breaks out of resistance -

Ask me for updates below, not trading this as is the case with 90% of the ideas I publish.

snapshot
Trade active
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Allow 3-6 months on ideas. Not investment advice. DYOR
Also on:
Multiple Time Frame AnalysisOscillatorsSupport and Resistance

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Multiple Time Frame AnalysisOscillatorsSupport and Resistance
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.