Sperax/Tether
Long
Updated

Sperax (SPA)

3 978
On the above 4-day chart price action has corrected 97% since the sell signal in January 2022 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout (USD and BTC pairs).

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over an 80 day period.

4) Can price action go back to 20 cents? No idea but that would be a 5500% return.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=1-2% of portfolio - Very small market cap
Timeframe: Don’t know.
Return: Don’t know.
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The BTC pair

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Will update when the target is within range..
Note
618 confirmed. For those of you that light playing with smalls caps, 100-110% move coming up soonish..
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I know this is a tiny market cap and folks might think they'll only make great returns if betting on small caps. This is a terrible idea. No matter the size of your portfolio you play trades on what is probable.

All that said, I know there's no way I'll change everyones thinking. Truth to be told (search my ideas MATIC, first purchase here was when it was a $25m market cap), there's some great opportunities to turn a small amount of cash into dizzying heights if you can ignore the up and coming volatility.


3-day BTC pair
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120% so far.
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** swing trade closed **

Price action now on support.

3-day chart
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Retail flushed out, long like donkey kong..
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GRM support confirmed.
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Not 48hrs ago was GRM support confirmed and price action is now up 80%. Such a beautiful signal to have in your toolbox.
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should the 1 cent resistance break price action will likely 2x in a short space of time.
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Up 300% so far..


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interested in other small caps like this one just waiting to pop? Let me know.. not suitable for portfolios greater the 10k dollars per trade.. but I like studying them anyways when not in a garden etc


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On SPA

a strong sell signal is about to print. If you've been holding since publication.. .take profits.

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RITE is another tiny tiny tiny market cap for those with smaller portfolios..

There's a lot of accumulation going on here as seen in the volume chart. Am reminded of the uTK Utrust idea some years ago, look it up cannot be bothered digging it out.

4-day
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from 0.0076
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** close swing trades **

Support on past resistance confirmed.

Did this tiny nothing of a token just get listed on Coinbase??
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Now...

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Long like Donkey Kong, retail flush out probably complete

8hr this time.
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Daily chart prints a new buy signal, the first since January.

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The moment is now.

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