*Swing trade opportunity*
On the above 10-day chart price action has soared 2500% with RSI at 94. RSI of 94 on the daily is impressive for sure, on the 10-day, that’s amazing as much as it is a warning.
The weekly Stochastic RSI remains above 80, for now, which is bullish. However the 21-week bull market support moving average support would require a 60% drop in the price action before contact.
On the above 10-day chart price action has soared 2500% with RSI at 94. RSI of 94 on the daily is impressive for sure, on the 10-day, that’s amazing as much as it is a warning.
The weekly Stochastic RSI remains above 80, for now, which is bullish. However the 21-week bull market support moving average support would require a 60% drop in the price action before contact.
Comment:
Price action soaring above the Mayer Multiplier with a imminent cross in the Pi Cycle approaching.
Comment:
Price action has become an 'incredible sell' now on the 5-day chart below.
7000% up since the bottom. Sure it can go to higher - but the risk you take at these levels is high.
7000% up since the bottom. Sure it can go to higher - but the risk you take at these levels is high.
Comment:
RSI support breaks on the 10-day chart. Support is @ -35%.
Trade active:
1st target for support, 87 cents
Trade closed: target reached:
Target was reached - don’t know why folks were selling at those levels - hey ho.
On the 4-day chart below price action produces strong support on the 21-day EMA (actually 84-day EMA on this 4-day but I use to reduce signal noise).
Next target $2.74
On the 4-day chart below price action produces strong support on the 21-day EMA (actually 84-day EMA on this 4-day but I use to reduce signal noise).
Next target $2.74
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