On the above 6-day chart price action has corrected 97% since May 2021. A number of reasons now exist to take a long position, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance confirming the trend reversal.
3) The falling wedge breakout forecasts a 4000% move to $17.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: this week
Return: 4000%
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance confirming the trend reversal.
3) The falling wedge breakout forecasts a 4000% move to $17.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: this week
Return: 4000%
Trade active:
Resistance breakout.
Comment:
Past resistance confirms support.
Trade active
Comment:
Confirmed weekly GRM support.
Or Price action explosion alert!
Whichever means more to you.
Or Price action explosion alert!
Whichever means more to you.
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