On the above 6-day chart price action has corrected by 95% since January 2022. Today is great long opportunity. Why?
1) RSI and price action resistance breakouts.
2) Multiple oscillators print bullish divergence across a 4-6 month period, very powerful.
3) Seller weakness. Notice the long candle wicks into seller territory? This is especially true on the BTC pair.
4) Price action prints support on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: No idea
1) RSI and price action resistance breakouts.
2) Multiple oscillators print bullish divergence across a 4-6 month period, very powerful.
3) Seller weakness. Notice the long candle wicks into seller territory? This is especially true on the BTC pair.
4) Price action prints support on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: No idea
Trade active
Note
support confirmedNote
GRM support confirmedTrade active
Past resistance confirms supportNote
Do love a support confirmation.Trade active
Past resistance confirms support.Note
As per last update, on support (again). Can't complain, sellers providing ample opportunity.. Note
support confirmedNote
Confirmation of confirmed support is confirmed. Now that's a lot of confirmation, but did you see what the monthly chart is printing?Trade active
A nerw signal prints, rejoice... 2 day
Trade active
Past resistance confirms support.
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.