On the above 5-day chart price action has corrected 95% since a sell signal in April 2021. A number of reasons now exist to be long..
1) You know why.
2) Price action and RSI resistance breakouts.
3) Strong positive divergence between the oscillators and price action. This divergence is measured over 100 days.
4) Price action finds support on the golden ratio following the breakout.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now - don’t hang around.
Return: no idea
1) You know why.
2) Price action and RSI resistance breakouts.
3) Strong positive divergence between the oscillators and price action. This divergence is measured over 100 days.
4) Price action finds support on the golden ratio following the breakout.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now - don’t hang around.
Return: no idea
Trade active
Past resistance now support, good to go.Note
Weak hand flush out complete, good to go..Note
Support confirmed, fantastic target on this one if you let it be.Note
on supportTrade active
Support confirmed. Confirmation was also on the GRM. Super fantastic.Note
21-week EMA support confirmed. Hold now until 15 cents or just over 2000%.Trade active
Warming up.BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.