On the above 4-day chart price action has corrected over 90% since $4.50 in November 2021. Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout (not both USD and BTC pairs).
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=1-2% of portfolio - Tiny market capital !!
Timeframe: Don’t know.
Return: Don’t know.
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout (not both USD and BTC pairs).
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=1-2% of portfolio - Tiny market capital !!
Timeframe: Don’t know.
Return: Don’t know.
Trade active
Comment:
Nudge nudge wink wink
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