On the above 3-day chart price action has corrected 98% since January 2022. Many reasons now exist to consider a long position, including:
1) Price action and RSI resistance breakouts.
2) Price action support on past resistance.
3) Regular bullish divergence.
Is it possible price action corrects further? Sure
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe to act: now
Return: no idea
1) Price action and RSI resistance breakouts.
2) Price action support on past resistance.
3) Regular bullish divergence.
Is it possible price action corrects further? Sure
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe to act: now
Return: no idea
Trade active
Note
possible swing trade 8hr
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.