On the above 3-day chart price action has corrected 80% since the sell signal back in Mid-September. A number of reasons now exist to be long, including:
1) The buy signal of course. Look left.
2) RSI resistance breakout.
3) Regular bullish divergence. Seven oscillators are currently printing bullish divergence over a 15 day period. Fantastic.
4) Price action is on the golden ratio.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 3 - 18 months
Return: Ask me later.
1) The buy signal of course. Look left.
2) RSI resistance breakout.
3) Regular bullish divergence. Seven oscillators are currently printing bullish divergence over a 15 day period. Fantastic.
4) Price action is on the golden ratio.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 3 - 18 months
Return: Ask me later.
Trade active
Trade active
Did you see? Dis you see what printed with the close of last week?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.