On the above 2-day chart price action has corrected over 80% since late 2021. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence between price action and RSI.
3) Hidden bullish divergence between price action higher low and Stochastic RSI lower low. This is excellent to see follow point (1). Not only that but the higher low printed on the golden ratio. Safe as houses now.
4) The reversal candles indiate sellers are exhausted. For those of you that follow me, you’ll know what I mean by this.
5) On the 4-day ENS / BTC pair (below) the buy signal + bullish divergence is visible. Fantastic.
The target is derived the falling wedge extension.
Is it possible price action falls further? Sure.
Is it probable? No.
Good luck!
Ww
4-day BTC pair
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence between price action and RSI.
3) Hidden bullish divergence between price action higher low and Stochastic RSI lower low. This is excellent to see follow point (1). Not only that but the higher low printed on the golden ratio. Safe as houses now.
4) The reversal candles indiate sellers are exhausted. For those of you that follow me, you’ll know what I mean by this.
5) On the 4-day ENS / BTC pair (below) the buy signal + bullish divergence is visible. Fantastic.
The target is derived the falling wedge extension.
Is it possible price action falls further? Sure.
Is it probable? No.
Good luck!
Ww
4-day BTC pair
Trade active
Note
50% in 3-days.Trade active
Price action breaks through resistance. Next resistance $41Trade active
Remember, it's is on the 'what if' list.Note
Another 12hr breakout. A back test should be expected around $11, a conditional 'great sell' can be seen to be printing, but it could remain that way for days and weeks. Who knows, need to wait until it prints on the chart.Trade active
One of the very few alt-tokens to re-claim the 200-day SMA. Even Ethereum itself is a million miles away.Trade active
Nice bull flag breakout, next leg should take price action to $30Trade active
Breaking out of resistanceNote
Come back in a few month to this 'what if' token, you'll be glad you held.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
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.