without_worries

Bounce Finance Governance Token (AUCTION) -

Long
BINANCE:AUCTIONUSD   AUCTION
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
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20% so far. Target area remains valid.
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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!

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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.


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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
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.

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wedge breakout

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Can't be bothered writing a new idea.

Something is about to happen, something wonderful.

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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