On the above 4-day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action confirms support on past resistance (grey bar).
3) The falling wedge pattern forecasts a move to the $200 area.
Is it possible price action corrects further? Sure.
is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: This month
Return: 300%
1) Price action and RSI resistance breakouts.
2) Price action confirms support on past resistance (grey bar).
3) The falling wedge pattern forecasts a move to the $200 area.
Is it possible price action corrects further? Sure.
is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: This month
Return: 300%
Trade active
Weekly GRM support confirmed.Note
Past resistance confirms support.Note
Good to go
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.