*investment opportunity - risky ~$40m market capital*
Happy with the risk?
Shown on the above 10-day chart price action has dropped 99% since May 2015 with a 1:14 reverse split in July 2019, price action is severely depressed.
A ‘incredible buy’ opportunity was illuminated in early 2018, however price action resistance continued. That resistance recently broke out and is now offering support. This is an opportunity.
Notwithstanding the price action resistance breakout the oscillators shown (RSI, Stochastic RSI, MFI) are printing higher lows with significant volume since the start of the year. Follow the money.
On the 2-month chart below price action recently closed a candle body above / on the annual EMA. The first time ever. Awesome.
Any reasons to be bearish? Yes. Support is not fully confirmed until price action is above 6.40. However given the 99% correction, risk is on the floor.
A buy from 4.28 is excellent.
WW
2-month chart
Happy with the risk?
Shown on the above 10-day chart price action has dropped 99% since May 2015 with a 1:14 reverse split in July 2019, price action is severely depressed.
A ‘incredible buy’ opportunity was illuminated in early 2018, however price action resistance continued. That resistance recently broke out and is now offering support. This is an opportunity.
Notwithstanding the price action resistance breakout the oscillators shown (RSI, Stochastic RSI, MFI) are printing higher lows with significant volume since the start of the year. Follow the money.
On the 2-month chart below price action recently closed a candle body above / on the annual EMA. The first time ever. Awesome.
Any reasons to be bearish? Yes. Support is not fully confirmed until price action is above 6.40. However given the 99% correction, risk is on the floor.
A buy from 4.28 is excellent.
WW
2-month chart
Trade active
Trade active:
90% so far in what.. under 2-months, amazing.
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
In short, don’t chase.