On the above 3-day chart price action has corrected a massive 95% from $3.20 last April. A number of reasons now exist to be long, including:
1) A ‘incredible buy’ signal has printed. (1-day chart below)
2) RSI resistance breakout and support.
3) Regular bullish divergence. Multiple oscillators are printing bullish divergence. Look left (Green shapes).
4) The bull flag with price action now testing the golden ratio.
5) The target price is a measured extension from the flagpole.
6) The 3-day BTC pair fills a lot of the criteria above (see chart below).
7) Nudge nudge wink wink - don’t know what I’m talking about? Isn’t that a pity.
Is it possible for price action to fall further? Absolutely.
Is it probable? No.
1st target $14
Good luck!
Ww
1-day chart
3-day BTC pair
1) A ‘incredible buy’ signal has printed. (1-day chart below)
2) RSI resistance breakout and support.
3) Regular bullish divergence. Multiple oscillators are printing bullish divergence. Look left (Green shapes).
4) The bull flag with price action now testing the golden ratio.
5) The target price is a measured extension from the flagpole.
6) The 3-day BTC pair fills a lot of the criteria above (see chart below).
7) Nudge nudge wink wink - don’t know what I’m talking about? Isn’t that a pity.
Is it possible for price action to fall further? Absolutely.
Is it probable? No.
1st target $14
Good luck!
Ww
1-day chart
3-day BTC pair
Trade active
Note
There she blows, up 40% already. Note
A number of messages already asking 'I missed this... is it too late?' Or "I sold yesterday after that 10% pump, will it come down again?" People, you're killing me. Stop day trading!youtube.com/watch?v=TRXdxiot5JM
Trade active
43 cent near term targetTrade active
Note
Price action breaks resistance. A significant upside move is very likely.Note
Target is changed to $3.60. The conditions of the original target were dependent on the bull flag breakout occurring sooner. Of course that did not happen. The breakout is now confirmed.Price action has also now confirmed GRM support.
8-day chart
Note
on supportNote
A good long momentNote
Good long moment confirmedNote
Now is not a good moment, should you be wondering on FOMO.Remember... buy low sell high. 9 out 10 participants will do the opposite.
Note
resistance breakoutNote
Ready for a move to 20 cents?Note
Probably is the moment to open a long position... Trade active
Something is about to happen...Note
On 2-day GRM list folks with confirmed support on past resistance.Order cancelled
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
Related publications
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
Related publications
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.