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without_worries
Jan 12, 2023 4:27 PM

BurgerCities (BURGER) - higher low Long

BURGER / TetherUSBinance

Description

On the above 2-day chart price action has collapsed over 80% since the sell signal in July (not shown). A number of reasons now exist to be long, including:

1) A strong buy signal (not shown).

2) A higher low has printed (on both USD and BTC pairs).

3) The high prints on the Fibonacci 0.236 level.

4) Price action resistance breakout.

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

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 6x / $3 at first

Trade active

Comment

Past resistance confirms support.
Comments
Pirmyne
Thank you for your work sir
sonurock1896
Long Yes No man kare sakte hai 1 USD Possible yes no man
mssohail4565
waiting for hit that 🎯
without_worries
@mssohail4565, The waiting is what separates the 90% from the 10% of successful investors / traders. Unlike the messages received daily "Dude the 5 minute chart is so bearish!! It's going down in 2023!!"
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