On the above 4-day chart price action has corrected over 90% since the sell signal in March 2021 (not shown). Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and oscillators. 10 oscillators print bullish divergence with price action. This divergence occurs over a 80 day period. The divergence is also observed on the ORN/BTC pair (see below).
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 2000% / $20
5-day ORN/BTC pair
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and oscillators. 10 oscillators print bullish divergence with price action. This divergence occurs over a 80 day period. The divergence is also observed on the ORN/BTC pair (see below).
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 2000% / $20
5-day ORN/BTC pair
Trade active
Trade active:
On support. Prepare to be dazzled.
Trade active
Comment:
The first correction is from 12 dollars, probably over the summer months before continuing to the target.
Trade active:
GRM support confirmed.
Comment:
Now would be a 'good' moment.
Trade active:
Very nice support with strong positive divergence.
Trade active:
on support
Trade active:
Ohh if you missed out on the PERP run.... just saying
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
Is the strongest confirmation to date with multiple insistences.