On the above 1-day price action has corrected 90% since November last. Now is an excellent moment to be long. Why?
1) The ‘incredible buy’ signal prints.
2) Price action prints a higher low on the golden ratio.
3) Price action wedge breakout. Flagpole measures a 300% move to upside.
4) This token is on the ‘what if’ list. In fact this token has already achieved all the conditions required.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade Risk: <=6% of portfolio Timeframe: 1 to 2 months Return: At least 3x
1-day breakout
Trade active
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A very impressive candle prints on the 10-day chart. It was forming to be a Dragonfly DOJI (reversal candle) but has now printed a much more powerful hammer candle.
I've no idea who what or why, but volume is pouring into this one. Keep an eye on it!
Ask me below for updates, not trading this.
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Timing bottoms is difficult... 4hr chart currently
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GRM support confirmed
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The power of 'GRM support', don't ignore it.
Trade active
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150% and growing since GRM confirmation. No sell signals yet.
Must ask me below for updates, remember I'm not trading the majority of ideas published.
@susta, Yes, I see price action resistance is broken.
ZeNigma23
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Big fan of your work mate, was having very similar thoughts about BTC dominance just before i discovered your profile. Curious to know why are you not trading this? Have a great one!
without_worries
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@ZeNigma23, Strategy. My strategy does not allow me to hold more than 6 positions are a time. Also, believe it or not, I'm not a trader. Nevertheless, I publish those ideas to keep my mind sharp and focused. True I don't need to share them publicly. However the comments can be an indicator or sorts in themselves. When a long idea has very few comments, like this one, it is a good sign.. like the MATIC idea below when I picked it up for a couple of cents. The when a I publish those big short idea on Ethereum, ADA, AAVE etc... a barrage of negative comments. This is valuable information for my studies. For the the moment I'll continue to publish ideas publicly, but it is losing its appeal if I'm honest.
Matic idea - no comments
RLinda
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I like it. Good explanation. THanks)
Geniecool
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Great Analysis..... pls can you do for HBBUSDT
without_worries
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@Geniecool, Honestly just stay away from anything to do with Solana. The only Blockchain that has more power cuts than a Tanzanian sub-station.