On the above 4-day chart price action has corrected over 90% since the December 2021. Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period. This divergence is also found on the BTC pair.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period. This divergence is also found on the BTC pair.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
Trade active
Trade active
GRM support confirmed.Note
80% in 9 days. Is it time to buy now? For the 90%, that's a big fat yes.Note
Fantastic no doubt is it to see such moves, do not chase. Significant resistance in the $3.60 area with past resistance at $1.60 yet to be confirmed as support.Note
Now at the 2nd resistance mentioned above at $4.30 for a near 300% return. Time to let the FOMO money be your exit liquidity.Note
Swing trade remains very active, hopefully you're all enjoying the pullback as the 90% continues to provide exit liquidity.Note
This was the 2-day BTC pair on highstreet when the idea was originally published.Currently they are only 18 tokens that are listed on Binance / Coinbase printing the same conditions when Highstreet was published. That's right, just 18 from close to 700 pairs traded. Do you know which?! Some of you know some of you don't ;)
2-day
Trade active
GRM support confirmed.Note
Receiving messages asking if the original 400% move is about to repeat. I don’t know. In fact I would go as far as to say, very improbable. Folks hang onto winning trades and watch the gains bleed away because of emotion, there is a lot of messages to this effect, can’t answer them all. A number of angry comments from those that are slave to their emotions, which is cute, but changes nothing.Currently on tradingview a number of long ideas are now published yet I ask myself, where were those publications at the time this idea was published? So how did I know? Probability folks, probability.
On the 2-day BTC pair strong positive divergence with price action in combination with a strong buy signal. That simple.
Is this happening on other tokens? <15 of them. Some of which are already published by myself.
2-day highstreet / Bitcoin pair
Trade active
** close swing trades **Note
up 30% since closing swing trades, oh yes..Note
2.30 will be resistance.. don't be surprised if price action pulls back a little at this level.Note
Stay long until 10 dollars after 2.30 resistance is broken.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.