On the above 4-day chart price action has corrected 99% since January 2022. A number of reasons now exist to be long, including.
1) Price action and RSI resistance breakouts.
2) Multiple oscillators print positive divergence with price action. The higher the time frame you go the stronger the divergence.
3) While the market has been in full panic mode volume has only increased on this token. I don’t know why. Every sell off is met with a large volume increase.
4) Not listed on major exchanges. Get in before crowd.
5) The falling wedge forecast. The forecast is measured from the highest to the lowest touch points. (Red circles). This is how a target from a wedge is forecast.
Is it possible price action continues correcting? Sure. Is it probable? No.
Ww
Type: trade Risk: <=6% Timeframe for long: Yesterday Return: 100x
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Double GRM support confirmation. The trolls said it was a bad long entry after a 0.3x return on a 100x idea ;-) The scarcity mindset in action, a sight to behold.
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1x down, 99x more to go.
Is now the time to FOMO? For 90% of market participants, yes.
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Strap up strap on.. oh that came out wrong, let's just go with seat belts fastened.
Past resistance confirms support.
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A very reliable chart pattern. Do you know what it is? Can you see why a 150% move is about to print?
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150% move mentioned in last comment has now printed. Can you tell what comes next? There's a huge clue in the weekly chart, look left ;-)
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Well done if you figured out the last update, a correction was expected.
Past resistance now confirms support. You're out of luck if you joined the 90% selling below, the next high will be higher than the last high.
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Did you see what the weekly chart is printing?
As with many alt-tokens, last week I'll wager will go down as one of the best "buy the dip" moments of 2024.
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Sellers still trying to ski uphill I see. Will they ever learn?
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Looks like there's a 40% drop on the cards. Might be a good long entry afters. Really is a fire sale. Everything must go!
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In the last update it was written "Look like there's a 40% drop on the cards" Was closer to 50%
And today? Today it looks like price action is about to move up 150% as past resistance confirms support.
Already up 30% today, great time to buy 🙄. Before anyone would even consider this trade, look at his Super Rare idea and what happened after that "100x" prediction. That's why these are called "ideas" because they have absolutely nothing to do with reality.
Draig_Coch
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@ArtfulDodger1974. still here dude! It looks good to me. Time will tell
@Draig_Coch, LOL yup still here man, and it's OK to disagree. I also want to make a point about something. Some fan boys are bound to point out "hey he made good calls on LCX, YGG, Bond, Fetch, etc". Which, if you bought the bottom and sold the top, that's true. If you followed his updates in some of those ideas or entered at the date the idea posted, not so much. He also says targets are bad ideas, yet he always post one.
I equate this to someone who goes to the gun range that's terrible at target practice and fires over a hundred rounds. Four or five are still likely to hit. That's what we have here. I look at the whole body of work and there's way more misfires. In his ideas, not in the way he trades for himself which is far different.
I will make a guarantee here. If say Super Rare even hits $3, not $30, I'll leave Trading View, permanently. In other words, I'll always be around like a donut. 🤣
Crypto_Hagu
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@ArtfulDodger1974 What happened? be man enough to point out you're wrong. :)
ArtfulDodger1974
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@Crypto_Hagu, I knew it, you based that OGN idea because of WW's idea. Even mentioning the same 1700% move like he did. Only difference you put a time frame on it. Which, keeps changing I might add. First March 1, then one to two months, then 90 days. Might as just say 10 years and give yourself a lot more leeway to be right.
BTW I did come back recently to say WWs has been nailing some good trades and gave credit. I have no issues giving credit like I do criticism, and admitting if I made a bad call. Shame others don't feel that way.