On the above 2-day chart price action has corrected 80% since mid-October. Ouch. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints.
2) Broken RSI resistance
3) Price action is on past support / resistance.
4) The 2-day BTC pair also prints a buy signal with broken MFI resistance.
5) Lastly, volume. I don’t know why, there’s consistent volume no matter the exchange, coinbase pro, Binance, someone / some group is accumulating.
Is it possible price action falls further? Sure.
Is it probable? No.
Target area $70
Good luck!
WW
2-day AUCTION / BTC pair
1) The ‘incredible buy’ signal prints.
2) Broken RSI resistance
3) Price action is on past support / resistance.
4) The 2-day BTC pair also prints a buy signal with broken MFI resistance.
5) Lastly, volume. I don’t know why, there’s consistent volume no matter the exchange, coinbase pro, Binance, someone / some group is accumulating.
Is it possible price action falls further? Sure.
Is it probable? No.
Target area $70
Good luck!
WW
2-day AUCTION / BTC pair
Trade active:
20% so far. Target area remains valid.
Trade active:
The 2-day BTC pair chart below. There's a significant number of oscillators printing bullish divergence. Not something you see everyday, don't ignore it!
Trade active
Comment:
Forgot to add the chart in last update. The 2-day chart below is printing a strong bullish divergence. Once price action gets to $40 there will be no more resistance until $70.
Trade active
Trade active
Trade active:
Might be an excellent moment to take a long position. Why?
1) Long term price action resistance breakout + confirmed backtest.
2) This is also true on the 3-day BTC pair
Remember, this is a a ‘what if’ list token
1) Long term price action resistance breakout + confirmed backtest.
2) This is also true on the 3-day BTC pair
Remember, this is a a ‘what if’ list token
Comment:
2-day chart falling wedge with 200%+ flagpole extension. Would expect the flagpole to print print before end of October. If you're a pattern trader, you live for those simple set ups.
Trade active:
wedge breakout
Trade active
Trade active:
Can't be bothered writing a new idea.
Something is about to happen, something wonderful.
Something is about to happen, something wonderful.
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