On the above 2-day chart price action has corrected 90% since last month! A number of reasons now suggest this is an excellent long position, including:
1) The ‘incredible buy’ signal.
2) The Regular bullish divergence. 10 oscillators are currently printing positive divergence over a month long period.
3) The falling wedge breakout.
4) The flagpole extension measures out to a $1 target.
Is it possible price action falls further? Sure.
Is it probable? Very unlikely.
Ww
PS: not trading this, leave a comment below for an update.
Type: trade Risk: <=6% of portfolio Timeframe: 1 to 2 months Return: $1 / 4x
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This would be excellent moment...
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12hr chart prints "Incredible buy" with a higher low as before and a price action resistance breakout.
Not trying to time the market, but if I did...
12hr
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I love it when Binance announces a de-listing to purchase tokens they don't have.
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If you want to see update on this idea follow the one below.
Binance will remove and cease trading on the following trading pairs at 2022-12-27 03:00 (UTC): Spot Pairs: ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, YFII/BTC
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Look up ANC, MIR, TORN on Binance and you will see they all pumped hard at 25th of december (yesterday). Binance reall had to buy some coins to fulfil all the withdrawel requests.
Might be a good strategy just to buy pairs days before listing since BInance dont have the coins and have to buy them all for the requests pumping the price, lol!
AhiCelik
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@ozzyman2, but SONM coin is binance coin and its pump like this
Baharmostofi
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@ozzyman2, Today, 12/30, nothing happened, but Mirusdt in 12/26 increased 8❎🆙
Crypto_Hagu
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@Baharmostofi, even increased 20x on binance, went all the way up to 2$... Lets see what happens to TORN and ANC ... MIR and YFII already pumped lol
AhiCelik
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@ozzyman2, all coins pump like this is not binance pump but 3commas api key leak i guess.
Spot Pairs: ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, YFII/BTC
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Look up ANC, MIR, TORN on Binance and you will see they all pumped hard at 25th of december (yesterday). Binance reall had to buy some coins to fulfil all the withdrawel requests.
Might be a good strategy just to buy pairs days before listing since BInance dont have the coins and have to buy them all for the requests pumping the price, lol!