On the above 4-day chart price action has corrected over 90% since the sell signal (not shown). Now is a good long moment. Why?
1) You know why.
2) Price action and RSI resistance breakouts.
3) strong regular bullish divergence.
4) The falling wedge. The flag pole extends to $1.80
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: 6%
Duration: no idea
Return: 7x
1) You know why.
2) Price action and RSI resistance breakouts.
3) strong regular bullish divergence.
4) The falling wedge. The flag pole extends to $1.80
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: 6%
Duration: no idea
Return: 7x
Trade active:
GRM support confirmed
Comment:
testing past resistance as support
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