On the above weekly chart price action has corrected over 90% since last October. A number of reasons now exist to be bullish, including:
1) A strong buy signal prints (not shown). If you want to see it, just ask.
2) The breakout of price action and RSI resistance.
3) Bullish falling wedge pattern with breakout.
4) Latterly price action is on strong support following the Dragonfly DOJI candle print. Don’t ignore.
5) On 'what if' list on BTC pair.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 1st target @ $5
1-week BTC pair on golden pocket following breakout
1) A strong buy signal prints (not shown). If you want to see it, just ask.
2) The breakout of price action and RSI resistance.
3) Bullish falling wedge pattern with breakout.
4) Latterly price action is on strong support following the Dragonfly DOJI candle print. Don’t ignore.
5) On 'what if' list on BTC pair.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 1st target @ $5
1-week BTC pair on golden pocket following breakout
Note
I think this is worth sharing. A question below about the candle bodies acting as the ultimate resistance. It is not broken, how can we be long?Yes, that is clear, strong resistance remains in play, how can this possibly be a long position?
Now the LOG chart is switched over to Linear
The same candle tops have printed two extraordinary resistance breakouts.
To provide some comparison here is the study (I did not publish this chart) I used for the RVN idea before it made a 100% move
Do you see what I do?
Trade active
Multiple bullish divergencies as price action prints a double bottom.Note
BTC pair on the 2-day chart, do you see?Trade active
Breakout confirmed. First resistance test $2.50Note
A quick update to yesterday’s target resistance, should be $3.20 area, not $2.50On the 2-day bull flag below price action appears to have broken out. If the 2-day candle prints at current levels it will confirm..
The flagpole extension measures a 120% move to $3.20, which is also the 1.27 Fibonacci level.
Trade active
Note
Up almost 50% already.if you feel like you missed out, keep your eyes peeled. There's another printing the exact same set up. Shall I publish it?
Trade active
I know it might not feel like it, but now... Price action is at little higher than the published chart and there's something else.. .. but will inform Patrons first.
Trade active
10 others tokens currently printing like DYDX 48hr ago...Note
Did you find the other 10 yet??Note
Life cross Trade active
a good momentTrade active
Note
Trade active
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
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.
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
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.