On the above 3-day chart price action has corrected over 90% since the sell signal (not shown). Now is an excellent long trade. Why?
1) You know why.
2) Price action and RSI resistance breakouts.
3) Strong regular bullish divergence.
4) Price action prints a bullish engulfing candle on the golden ratio.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: 70 cents
1) You know why.
2) Price action and RSI resistance breakouts.
3) Strong regular bullish divergence.
4) Price action prints a bullish engulfing candle on the golden ratio.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: 70 cents
Trade active:
Price action confirmed GRM support on publication.
Comment:
Up 30% in eight short days. Amazing.
Trade active:
2nd GRM support confirmation.
Trade active
Trade closed manually:
Closed for the moment until price action reaches support.
2-day
2-day
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