On the above 3-day chart price action has corrected 90% since the sell signal in January 2022 (not shown). Now is an excellent time to take a long position. Why?
1) A strong buy signal prints (not shown)
2) A Life cross prints on the daily chart. i.e. the 50-day SMA crosses up the 200-day SMA. Only 5 crypto tokens listed on Binance by my last count have done this recently. Do you know the others?
3) A higher low prints on past resistance / the consolidation period.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
1) A strong buy signal prints (not shown)
2) A Life cross prints on the daily chart. i.e. the 50-day SMA crosses up the 200-day SMA. Only 5 crypto tokens listed on Binance by my last count have done this recently. Do you know the others?
3) A higher low prints on past resistance / the consolidation period.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
Trade active
Comment:
GRM Support confirmed. Up around 60% so far.
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