On the above 1-day chart price action has corrected over 70% since early August. A lot of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints
2) Price action prints buy signal on year long support / resistance trend line.
3) Multiple oscillators printing regular bullish divergence on the 2-day bitcoin chart (below - purple circles) - Awesome 👀 left!
Is it possible price action falls further? Sure.
Is it probable? Very unlikely.
Good luck!
WW
2-day PSG/BTC chart

1) The ‘incredible buy’ signal prints
2) Price action prints buy signal on year long support / resistance trend line.
3) Multiple oscillators printing regular bullish divergence on the 2-day bitcoin chart (below - purple circles) - Awesome 👀 left!
Is it possible price action falls further? Sure.
Is it probable? Very unlikely.
Good luck!
WW
2-day PSG/BTC chart
Note
target update, now $115 rather than $55.Trade active
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.