On the 2-day charts above (USD left, BTC pair right) price action has corrected over 80% since early November. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints on both pairs. Remember 2-day chart.
2) Regular bullish divergence. Lots of it. Eight oscillators on the USD pair and 10 oscillators on the BTC pair over a 12 day period are printing positive divergence.
3) RSI resistance on both pairs is broken.
Is it possible price action falls further? Sure.
Is it probable? No.
Target is 10x from current levels, i.e. return to November price action.
Good luck!
Ww
Comment
⋅
A morning star candle prints on the 10-day chart with increasing volume. This is a powerful candle formation on this time frame informing traders / investors of trend reversal.
Trade active
⋅
All aboard? Departure nearing..
Trade active
⋅
Sie ist unterwegs!
Comment
⋅
A few questions popping in about a target.. man I don't know. Will update if a sell signal appears. There's obvious resistance between 6 and 7 cents, another 100% from current levels.
Try not to think about targets folks, get a strategy instead. Remember if you only ever make 25% return on Ideas I post you'll turn 10k into 1M with 22 trades. With this trade currently and JASMY of recent you've brought that number down to 16 trades!
Trade active
⋅
The 10-day chart is it currently prints a strong buy signal. I'd buy it.
On the daily chart a sell signal printed at the 50 cent area recently but that time has past, price action is now on support,
@crypro_investor, There's nothing good to say on BOK at the moment. The only option now is to look for strength in anything across the market during this chaos and that is by studying the BTC pairs. Have discovered around 20 BTC pairs on Binance that show strength, will be publishing them on the Patreon page shortly.
crypro_investor
⋅
hi tnx for geat posts please update bloktopia ? @without_worries
without_worries
⋅
@crypro_investor, What's with all the Bloktopia update requests today?
ehsanoo
⋅
hi tnx for incredible posts and TA would you please update bloktopia and posibble targets in 6 to 9 month ? @without_worries
without_worries
⋅
@ehsanoo, Looks good, strong buy signals printing. I don't forecast targets on such small market caps, way too much like looking into a crystal ball.
unknownpower
⋅
Bought at 0.0165, you sir are awesome. Let's see what's next