On the above 6-day chart price action has corrected 96% since October 2021. A number of reasons now exist to be bullish, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal.
3) The trend reversal prints on legacy support and resistance. Support is confirmed.
4) The falling wedge breakout forecasts a 1800% move to $1.
Is it possible price action corrects further? Sure.
It is probable? No.
Ww
Type: Trade
Risk: <=6%
Timeframe for long: This month
Return: 1800%
1) Price action and RSI resistance breakouts.
2) Trend reversal.
3) The trend reversal prints on legacy support and resistance. Support is confirmed.
4) The falling wedge breakout forecasts a 1800% move to $1.
Is it possible price action corrects further? Sure.
It is probable? No.
Ww
Type: Trade
Risk: <=6%
Timeframe for long: This month
Return: 1800%
Trade active
Comment:
Support on past resistance confirmed.
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