On the above 1-day chart price action has corrected 90%+ since October last. A number of reasons now exist to be long, including:
1) The ‘incredible buy’ signal prints.
2) Price action and RSI resistance breakouts.
3) Volume . I don’t know why, there’s a lot of accumulation on various exchanges for this token over the last month. Someone knows something I don’t.
4) Everything that was said above also applies for the BTC pair (see 1-day chart below).
5) This is a ‘what if’ list token and already has met the required conditions. See 2-day BTC pair below. Double ‘IB’ signals!
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 4 to 9 months
Return: 100x
1-day btc chart
2-day BTC pair ‘what if’
1) The ‘incredible buy’ signal prints.
2) Price action and RSI resistance breakouts.
3) Volume . I don’t know why, there’s a lot of accumulation on various exchanges for this token over the last month. Someone knows something I don’t.
4) Everything that was said above also applies for the BTC pair (see 1-day chart below).
5) This is a ‘what if’ list token and already has met the required conditions. See 2-day BTC pair below. Double ‘IB’ signals!
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 4 to 9 months
Return: 100x
1-day btc chart
2-day BTC pair ‘what if’
Note
One of the very few alt-tokens at the moment with the BTC pair printing support on the 200-day MA.Note
"Italian high-end luxury brand Gucci is venturing further into Web3.The Florence-based company is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace, SuperRare.
With its buy-in, Gucci is launching the “Vault Art Space,” an exhibition that will include a selection of NFT artworks by 29 artists."
coindesk.com/business/2022/06/23/gucci-invests-25k-in-nft-marketplace-superrare-to-start-digital-art-vault/
Note
The weekly chart is suggesting a 30% drop could occur if that reversal candle confirms. An additional accumulation opportunity may exist around the 20 cent mark. Not certain, just a possibility.Trade active
30% drop / 20 cent target achieved. Now safe to open long positions again.Trade active
A ‘incredible buy’ signal prints on the BTC pair as a reversal pattern prints on the daily chart.Don’t know what a reversal pattern is? Read this idea:
Trade active
IB signal prints on the daily chart (most alt tokens should be... )Trade active
The near term correction for this token is now over.Note
Do you see? Or am I alone?3-day chart
Note
Did you see? Note
an opportunity Trade active
Note
First ever weekly buy signal on this one. Don't FOMO. A pull back should occur, maybe.Remember this is a 100x idea, it will take some months, use those opportunities to increase you position size on the way up if you're using the tools.
1-week chart
Trade active
Now is the moment following the pullback mentioned above. That is why we don't chase, we're patient and wait for the opportunity.Trade active
Trade active
Support confirmedNote
GRM support confirmed.Note
Daily chart. Do you know what this candle is?RAD/USD
RARE/USD
Trade active
A move to 17 cent area is the first resistance.Trade active
Score moves above 20 for the first time in months. A positive move in price action should be in the post if my scoring is to mean anything.Note
When I say 'This would be an excellent moment', it is not hyperbole.Note
Past resistance confirms support.Trade active
Last update "Past resistance confirms support"Support and resistance, TA 101, so powerful.
Note
On supportNote
Past resistance confirms support.weekly
Trade active
I doubt the market offers that 50% flush out again. Notice the hidden bullish divergence on the weekly?Trade active
Up around 400% from the signal 10 days ago.This is WAVE 3, which is forecast to peak around $2
Note
RARE is about to pop, all 150%Note
Seems we've ran out of sellers... expect similar moves on other tokens once market participants have finished liquidating themselves.
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.