** Risky - low market cap <$30m **
Happy with the risk? Then read on..
On the above 1-day chart price action has corrected a massive 95% since early April. Currently 85%. A number of reasons now exist to be bullish.
1) Double ‘incredible buy’ signals.
2) Higher lows higher highs in price action. With ‘buy’ signals on small market cap tokens I’m extra cautious to look for a trend change! We have it.
3) Regular bullish divergence. Price action is printing bullish divergence with the oscillators. 7 of them. Look left.. (purple circles).
4) Volume. I’ve no idea what or why volume is pouring into this token, but clearly a considerable accumulation is occurring. Follow the money.
5) On the weekly chart (bottom) price action prints indecision on top of past resistance. Excellent.
Latterly on the 1-day chart ZEE/Bitcoin pair (below)
1) Price action prints a ‘incredible buy’ signal.
2) A consolidation period follows.
3) Price action prints a impressive bullish engulfing candle on top of past resistance.
Is it possible price action falls further? Sure.
Is it probable? Unlikely.
Good luck!
WW
1-day ZEE/BTC chart
Weekly chart indecision:
Happy with the risk? Then read on..
On the above 1-day chart price action has corrected a massive 95% since early April. Currently 85%. A number of reasons now exist to be bullish.
1) Double ‘incredible buy’ signals.
2) Higher lows higher highs in price action. With ‘buy’ signals on small market cap tokens I’m extra cautious to look for a trend change! We have it.
3) Regular bullish divergence. Price action is printing bullish divergence with the oscillators. 7 of them. Look left.. (purple circles).
4) Volume. I’ve no idea what or why volume is pouring into this token, but clearly a considerable accumulation is occurring. Follow the money.
5) On the weekly chart (bottom) price action prints indecision on top of past resistance. Excellent.
Latterly on the 1-day chart ZEE/Bitcoin pair (below)
1) Price action prints a ‘incredible buy’ signal.
2) A consolidation period follows.
3) Price action prints a impressive bullish engulfing candle on top of past resistance.
Is it possible price action falls further? Sure.
Is it probable? Unlikely.
Good luck!
WW
1-day ZEE/BTC chart
Weekly chart indecision:
Trade active
Price action confirms past resistance as support.Trade active
The BTC pair for this idea print multiple oscillators in bullish divergence with price action - Look left!
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.