Following a 80% correction since the giddy heights of April 2021 a number of reasons now exist to be bullish on price action with the above 2-day chart. They include:
1) A ‘incredible buy’ signal prints. Look left!
2) Regular bullish divergence. 8 oscillators are currently printing bullish divergence.
3) similar story on the 2-day BTC pair (below)
Is it possible price action falls further? For sure.
Is it probable? Unlikely.
Good luck!
Ww
2-day BTC pair
1) A ‘incredible buy’ signal prints. Look left!
2) Regular bullish divergence. 8 oscillators are currently printing bullish divergence.
3) similar story on the 2-day BTC pair (below)
Is it possible price action falls further? For sure.
Is it probable? Unlikely.
Good luck!
Ww
2-day BTC pair
Trade active
Trade active
** life cross ** pints on the daily chart on the BTC pair.Note
On the BTC pair price action is up 70% since publishing - continues to look very strong.Trade active
resistance breakout, a significant move should print soonishNote
Price action on the weekly is close to breakout on the falling wedge. When that happens a 20 cent target is forecast.Trade active
Past resistance confirmed as support.Note
Say what you want about this token, it has been a steady Eddie for the last 4-5 months.
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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.
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.