amosjohndomingo

$SAGA continues move to the downside | 05112024

BYBIT:SAGAUSDT.P   SAGAUSDT Perpetual Contract
In this idea... of SAGAUSDT.P

You will learn my initial targets for potential buying areas and reap a rewards of potentially 5x to 10x in the next 6 months.


Above image is the Weekly Timeframe.

We can see since the beginning of Week of April 08 2024 we have been moving to the downside and that would be the case probably in the next 2-3 weeks.


Above image is the Daily Timeframe.

We can see that we have made a new all time low signaling further move to the downside.

However, what we can see is that selling pressure seems to weakened and we can have a Lower High before we entirely move to the downside, unless.. we get the huge buying pressure with volume and we can confirm that the buyers have taken over.


Above image is the 4-Hour Timeframe.

And these are my potential buying areas.

2.5
2.3
2.0

Ideally, I want to wait for around 2.3 to be hit.

Hopefully you learned something new today!

Always remember to be patient and follow your plan.


Comment:
We've now reached our ideal buying zone:
Comment:
Previous Bullish Daily Close since we entered the initial buying zone

Comment:
buying zone has been breached. Will we regain the area or continue to the downside?
Comment:
I changed from white mode to dark mode.

Here's an update:


We have gained now 35%

if you have put in $1,000 you would be now up by $1,350

And if you're doing Futures, you may have just earned 350%

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