Alpha Venture DAO (ALPHA) - Bullish divergence

On the above 2-day chart price action has corrected 95% since February 2021. A number of reasons now exist to be bullish, including:

1) The ‘incredible buy’ signal

2) The regular bullish divergence. As a matter of fact, 10 oscillators are printing bullish divergence over a 30 day period. Amazing.

3) RSI resistance breakout.

4) This is a ‘What if’ list candidate.

Is it possible price action falls further? For sure.

Is it probable? No.

Ww



Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know.
Return: 10-15x

Trade active:

Price action breaks out of resistance -

Ask me for updates below, not trading this as is the case with 90% of the ideas I publish.

Trade active