On the above daily chart price action has corrected 70%. A number of reasons now exist to be long, including:
1) You know why..
2) Multiple oscillators print positive divergence over an extended time frame. Look left.
3) RSI resistance breakouts on both USD and BTC pairs.
4) The last time those conditions printed a significant move followed in the days ahead.
Is it possible price action falls further? Sure.
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe: Now, don’t hang around.
Return: 250%
1) You know why..
2) Multiple oscillators print positive divergence over an extended time frame. Look left.
3) RSI resistance breakouts on both USD and BTC pairs.
4) The last time those conditions printed a significant move followed in the days ahead.
Is it possible price action falls further? Sure.
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe: Now, don’t hang around.
Return: 250%
Trade active
Trade active:
On support.
Trade active:
“What makes you so certain this token is bullish?” Came a question.
In a word, probability.
Especially on the BTC pairs of various alt tokens. It is the ultimate cheat code. Some 4-day chart examples for you.
MDX-BTC
AVAX-BTC
BCH-BTC
DOGE-BTC
See how many tokens were skipped (scanned down the list alphabetically) before finding the same conditions?
This alt-token run is not going to be equal as in previous cycles. Before you could through money at anything, not this time.
In a word, probability.
Especially on the BTC pairs of various alt tokens. It is the ultimate cheat code. Some 4-day chart examples for you.
MDX-BTC
AVAX-BTC
BCH-BTC
DOGE-BTC
See how many tokens were skipped (scanned down the list alphabetically) before finding the same conditions?
This alt-token run is not going to be equal as in previous cycles. Before you could through money at anything, not this time.
Trade active
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
PS: Notice the reversal pattern in price action on the daily candles? (look left). Does anyone know the significance of this? Let me know below if you do!