On the above 5-day chart price action has corrected over 90% since the beautiful sell signal (not shown) on September 2021 @ $2.40. Now is an excellent long moment. Why?
1) A strong buy signal (not shown).
2) Price action is printing as support on past resistance, look left.
3) Regular bullish divergence. Lots of it. Do not ignore.
4) Dragonfly DOJI candle.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 10x
1) A strong buy signal (not shown).
2) Price action is printing as support on past resistance, look left.
3) Regular bullish divergence. Lots of it. Do not ignore.
4) Dragonfly DOJI candle.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 10x
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.
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.