** requested analysis **
On the above 2-day chart price action has corrected 50% since the sell signal in late January. Now is a good long moment. Why?
1) You know why.
2) Past resistance become support.
3) Support prints on the Fibonacci 0.786
4) Multiple oscillators print positive divergence with price action. On both USD and BTC pair.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: 2%, tiny market cap
Timeframe: Now
Return: No idea
On the above 2-day chart price action has corrected 50% since the sell signal in late January. Now is a good long moment. Why?
1) You know why.
2) Past resistance become support.
3) Support prints on the Fibonacci 0.786
4) Multiple oscillators print positive divergence with price action. On both USD and BTC pair.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: 2%, tiny market cap
Timeframe: Now
Return: No idea
Trade closed manually:
2200% return in 10 months. Not bad. Very overbought. Total bubble!
Daily chart
Daily chart
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR