Lots to like about the charts for this token (I've no idea what the project is about)... just looking at the daily chart I see support on the 21-day and 50-day moving averages following an oversold period. Price action is trending in the upper half of the Bollinger band with increased volume. RSI higher lows can observed on a trend line, which continues to show support.
Zooming out...
4-day chart (completes today) - bullish divergence
Dragonfly DOJI on the weekly
Zooming out...
4-day chart (completes today) - bullish divergence
Dragonfly DOJI on the weekly
Note
Up 50% so far - Are we at the top? No idea. What I do know is we have Bearish engulfing candles all over the place. Price action is as stable as drunk on a tightrope. I'm happy to lock in profits here and not get greedy.
Trade closed manually
Note
resistance is at 44 cents on this recent breakout
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.