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without_worries
Jul 19, 2022 8:23 PM

Badger DAO (BADGER) - Bullish divergence Long

Badger DAO / United States DollarCoinbase

Description

On the above 1-day chart price action has corrected over 90% since last November. A number of reasons now exist to be bullish. They be..

1) The ‘incredible buy’ signal prints.

2) Price action and RSI resistance breakouts.

3) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action.

4) Everything that was said above is also true for the BTC pair (3-day chart below).

5) Token meets all conditions for the ‘what if’ list.

Is it possible price action falls further? Sure.

Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months
Return: At least 3x

3-day BTC pair divergence + breakout

Trade active

50% so far
Comments
Andy1GP
Great Analysis and please keep posting! Love your content. Ignore the fudsters and naysayers
without_worries
@Andy1GP, thanks
SwallowPremium
Good perspective, thanks!
RLinda
Nice analysis. Keep it up))
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