BarnBridge (BOND) - Bullish divergence

** warning - tiny market cap **

On the above 3-day chart price action has corrected 90% since June of last year. Astonishingly sellers have returned price action back to support. Is now a good time to go long?

1) Oscillators prints bullish divergence with price action. As a matter of fact more oscillators print positive divergence than the previous time price action moved from 2 dollars to 20 dollars in less than a month.

2) Price action has returned to support. Astonishing, did every buyer of the last move sell back at a lower price?

3) Some other reasons..

Is it possible price action falls further? Sure.
Is it probable? No.


Type: Trade
Risk: <= 1%
Timeframe: act now
Return: As before, around 600-700%
Trade active:
It's tIme

Hard to believe sellers pushed price action below the support. This can only mean holders before the previous move to 20 dollars were compelled to sell. Awesome.
Trade active:
30% 48hrs later. Who are these people that sell after a 98% drawdown? Identify yourselves!
Swing traders take profits after a move like that. Add again at 1.80 to 2 dolla.

Din't get all the was to 2 dollars, 2.5 instead.

Hold until 14

250% in 3 days.. no sell signal yet.

Gazillions of messages on this one. While I don't think the top is in the lower time frames on the Bond-BTC pair are certainly indicating signs of exhaustion.

There are about 9 or 11 tokens throughout the market currently printing similar setups as far as I can tell. Does not mean the same performance as Bond shall be achieved. Will share them elsewhere..

Had enough selling pressure already?
Before Bond blew up almost 300% there was a multiple strong signals with high divergence on the 4-5hr time frames.

Only one other token is printing like this at the moment.
Will say what it is elsewhere / afterwards

Absolutely loving how no one knows which way is up anymore.

Volatility is returning folks and it's great. That's where the money is made.
Trade active:
Resistance fails. Do you see price action pass $6 in the days ahead? Then the next resistance is $20 as per idea target.
Yes, nothing has changed. Hold until $20. Fear? That's the other guys problem.

Close short positions


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

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