** warning - low market capital 10m - high risk **
Happy with the risk? Read on…
On the above 2-day USD (left) and DMTR / BTC charts price action has corrected 90% since late September. Now is an excellent time to be bullish. Why?
1) The ‘Incredible buy’ signal prints on both pairs.
2) RSI resistance breakout on the dollar chart and with confirmed RSI trend reversal on the BTC pair. Excellent.
3) Regular bullish divergence. Lots of it. Both charts have multiple oscillators printing bullish divergence.
4) Volume. I don’t know why, since late January lots of volume. Someone knows something I don’t.
Although the 1-year of data I would normally like to see is not available, the project seems rather interesting. A number of blockchain solutions disrupting farming economics. From their site:
“The platform integrates a series of advanced technologies that provide farmers with actionable data that fundamentally improves their operations across several financial and sustainability metrics.”
Is it possible price action falls further? For sure.
Is it probable? Very unlikely.
Remember, 3-6 months at least, patience is required!
I just added another small bag of DMTR at current price ($0.0385), which I believe is a good entry. My question, is the 40x play based on your very first call? Or should it be from here?
I just added another small bag of DMTR at current price ($0.0385), which I believe is a good entry. My question, is the 40x play based on your very first call? Or should it be from here?
Thank you. 😊