On the above 4-day charts (USD pair left BTC right) price action for the POLIS token has corrected 90% since early December. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints.
2) Both price action and RSI resistance breaks out.
3) On the monthly chart a Dragonfly DOJI candle prints (below). Super bullish signal.
Is it possible for price action to fall further? Sure.
Is it probable? Very very unlikely.
Target: $10
Good luck!
Ww
Monthly chart
1) The ‘incredible buy’ signal prints.
2) Both price action and RSI resistance breaks out.
3) On the monthly chart a Dragonfly DOJI candle prints (below). Super bullish signal.
Is it possible for price action to fall further? Sure.
Is it probable? Very very unlikely.
Target: $10
Good luck!
Ww
Monthly chart
Trade active:
Bitcoin corrects 10%, alts 20-30%, seems about right. This one is printing 'incredible buy' on the lower time frames. Is it the bottom? Who knows but there's high probability.
Trade active
Comment:
Forgot to add the chart it seems from before... price action lands on the golden ratio.
BTC
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR