On the above 4-day chart price action has corrected over 90% since the sell signal (not shown). Now is a good long moment. Why?
1) You know why.
2) Price action and RSI resistance breakouts.
3) strong regular bullish divergence.
4) The falling wedge. The flag pole extends to $1.80
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: 6%
Duration: no idea
Return: 7x
1) You know why.
2) Price action and RSI resistance breakouts.
3) strong regular bullish divergence.
4) The falling wedge. The flag pole extends to $1.80
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: 6%
Duration: no idea
Return: 7x
Trade active
GRM support confirmedNote
testing past resistance as support
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.