Badger DAO (BADGER)

On the above 4-day chart price action has corrected over 90% since the sell signal in August 2021 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout.

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.




PS: Does the above chart look familiar? ;-) (hint nudge wink etc - how thick do you want it?)

Trade active:

excellent moment...

Comment:

first resistance $6.50

Comment:

A nudge and a wink.

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Reversal pattern confirmed.

Comment:

on support

Trade active:

Think a ridiculous move is about to print. Not unique to this token, however. As with every alt-token recently (Graph, ASTRA, all recently examples) that has printed price action on the 3-day/50-day SMA following a strong buy signal fireworks followed..

3-day chart

Comment:

GRM support confirmed

Comment:

A few folks asking about targets. I don't know. However there are some notable areas of resistance after the current level is broken:

1st) $10

2nd) $38

3rd) Hard to believe.. but given the market capital, anything is possible.

Trade active:

Past resistance on 3.30 now confirmed as support.

Trade active:

GRM support confirmed

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The great thing about panicky sellers is they keep giving you opportunities...

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The market is producing some very clean patterns at the moment regardless of token I'm looking at. Just picking Badger as a random example, the corrective waves followed by the impulse waves, emotions are all in control, which is fascinating from a TA point of view.

Trade active:

failed resistance

Trade active

Comment:

Don't want to badger you, but it's time to get your bull on. I don't have a position so you'll need to ask for updates.

Trade active:

Did you get your bull on?