without_worries

Badger DAO / BTC - Bullish divergence

Long
OKEX:BADGERBTC   None
Thought this was already published but unable to find.

On the above 1-day chart a regular bullish divergence follows the ‘incredible buy’ condition after a 90% correction in price action. The bullish divergence occurs across both RSI and MFI oscillators and is 2-month in the making, that is significant.

Is it possible price action falls further? For sure.

Is it probable? Very unlikely.

1st Target is 19k sats / 690% from current levels.

Good luck!

WW
Trade active
Comment:
Bullish divergence remains intact with squeeze and constriction of the Bollinger Band mouth, which indicates a big move is coming.

Trade active:
Price action recently breaks out of resistance. The bullish divergence remains intact - be patient.

Trade active
Comment:
Double bullish engulfing candles on the 2-day chart.

Trade active
Trade active:
Breakout of pennant formation. Next target 8k sats


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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