The 2-day chart for the above project just printed a Dragonfly DOJI following an oversold period with Stochastic RSI crossing up 20. In fact RSI, the Money Flow index, & Stochastic RSI were all oversold prior to the Dragonfly DOJI formation, a significant move to the upside should now be expected in the near term.
As risk / reward goes, it does not get any prettier than this.
A similar story can be observed on the BTC pair - bullish signs for a token across multiple pairs is very encouraging.
Lastly the 10-day USD chart
Although a new 10-day candle is not printed until tomorrow we can see significant momentum is forecast with price action finding support on previous resistance back in October 2019.
As risk / reward goes, it does not get any prettier than this.
A similar story can be observed on the BTC pair - bullish signs for a token across multiple pairs is very encouraging.
Lastly the 10-day USD chart
Although a new 10-day candle is not printed until tomorrow we can see significant momentum is forecast with price action finding support on previous resistance back in October 2019.
Trade active
Comment:
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR