On the above weekly chart price action has corrected 50% since the sell signal (not shown) on October 17th 2022 at the apex of ascending symmetrical triangle. A number of reasons now exist to be bullish, including:
1) A strong buy signal (not shown).
2) The weekly Dragonfly DOJI candle. One of best found so far in recent months.
3) Stochastic RSI crossing up 20 (red circles). Look left.
Is it possible price action alls further? Sure
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Don’t know.
Return: $260
1) A strong buy signal (not shown).
2) The weekly Dragonfly DOJI candle. One of best found so far in recent months.
3) Stochastic RSI crossing up 20 (red circles). Look left.
Is it possible price action alls further? Sure
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Don’t know.
Return: $260
Trade active
Note
support confirmedTrade active
Trade active
target up, now 370Note
An excellent moment. Nah.. What's better than excellent? A stupendous moment.
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.