On the above 5-day chart price action has corrected 95% since a sell signal in April 2021. A number of reasons now exist to be long..
1) You know why.
2) Price action and RSI resistance breakouts.
3) Strong positive divergence between the oscillators and price action. This divergence is measured over 100 days.
4) Price action finds support on the golden ratio following the breakout.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now - don’t hang around.
Return: no idea
1) You know why.
2) Price action and RSI resistance breakouts.
3) Strong positive divergence between the oscillators and price action. This divergence is measured over 100 days.
4) Price action finds support on the golden ratio following the breakout.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now - don’t hang around.
Return: no idea
Trade active:
Past resistance now support, good to go.
Comment:
Weak hand flush out complete, good to go..
Comment:
Support confirmed, fantastic target on this one if you let it be.
Comment:
on support
Trade active:
Support confirmed. Confirmation was also on the GRM. Super fantastic.
Comment:
21-week EMA support confirmed. Hold now until 15 cents or just over 2000%.
Trade active:
Now...
5hr
5hr
Comment:
Should be some resistance around 1 cent
Trade active:
Warming up.
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