** risky <$10m market cap **
On the above 1-day chart price action has corrected 90% since mid-April. A number of reasons now exist to be bullish, including:
1) The obvious, ‘incredible buy’ alert. A high probability of price action reversal now exists. Look left. 350% gain on last signal.
2) RSI resistance breakout.
3) Regular bullish divergence. 10 oscillators are now showing bullish divergence with price action. Amazing.
4) Dragonfly DOJI on 10-day chart (not shown here).
5) The bitcoin / MTA 1-day chart (below) shows the same oversold condition.
Is it possible price action falls further? Sure.
Is it probable? Very unlikely. Look left.
Good luck!
WW
1-day BTC chart
On the above 1-day chart price action has corrected 90% since mid-April. A number of reasons now exist to be bullish, including:
1) The obvious, ‘incredible buy’ alert. A high probability of price action reversal now exists. Look left. 350% gain on last signal.
2) RSI resistance breakout.
3) Regular bullish divergence. 10 oscillators are now showing bullish divergence with price action. Amazing.
4) Dragonfly DOJI on 10-day chart (not shown here).
5) The bitcoin / MTA 1-day chart (below) shows the same oversold condition.
Is it possible price action falls further? Sure.
Is it probable? Very unlikely. Look left.
Good luck!
WW
1-day BTC chart
Trade active
Note
85% in under 10-days - fantastic. A couple of steps back would not be surprising after such a move.Trade active
On the daily chart below price action breaks out of a pennant formation with flagpole extension to a near term target of $1.38 / 30% gain.Trade active
Note
nice inverted head and shoulders forming around the support / resistance. $1.36 next resistance.Note
Remarkable... Note
Remarkable fractal delivers <10 days later. Now up 190% "mUSD/USD now available for full trading on Coinbase Pro."
The project market cap remains tiny, $30m, lots more room for silly gains.
Trade active
Insider trading, I hate it, but it happens. For the last several days someone / some group has been purpose well over $1m perpetual futures of this tiny market cap coin. You don't do that unless you know something most don't.No it's not me.
Note
huge number of oscillators printing bullish divergence on this one, let's see if price action can get back to $7..
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.