On the above 4-day chart price action has corrected 70% since the sell signal in November. Now is a excellent moment to be long. Why?
1) Price action and RSI resistance breakout.
2) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action.
3) Price action tests past support that first printed 3 years ago.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now
Return: Awesome return. Will say elsewhere
1) Price action and RSI resistance breakout.
2) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action.
3) Price action tests past support that first printed 3 years ago.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now
Return: Awesome return. Will say elsewhere
Trade active
Note
P's, remember the GRM support post for BTC pairs? Have a lookie for this one...Note
might not feel like it but up 30% in the last 15 daysTrade active
** Close swing trades this weekend **Note
GRM support confirmedTrade active
Note
on supportNote
GRM support confirmed (again).Note
A long from 27 cents would be good.Note
170% so far. Not long until target. Do you know what it is?Related publications
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Related publications
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.