On the above 1-day chart price action has corrected 50% since mid-March with a oversold condition (orange column). A ‘incredible buy’ condition now exists following the regular bullish divergence between price action and all oscillators. Perfect.
On the 3-day chart (below) price action is printing bullish engulfing candles on past resistance as Stochastic RSI crossed up 20.
Is it possible price action falls further? Sure.
Is it probable? Unlikely, strong probability of upside move.
1st target 600 sats.
On the 3-day chart (below) price action is printing bullish engulfing candles on past resistance as Stochastic RSI crossed up 20.
Is it possible price action falls further? Sure.
Is it probable? Unlikely, strong probability of upside move.
1st target 600 sats.
Trade active
Trade active
RSI crosses 50 following a break of past resistance. A rotation back into BTC is projected around mid-late September.Trade active
2nd 'incredible buy' signal + bullish divergence between price action and the oscillators.Trade active
Note
'great sell' alert 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.