without_worries

SafePal (SFP) / USD - Hidden bullish divergence

Long
BINANCE:SFPUSDT   SFP / TetherUS
On the above 1-day chart a ‘great buy’ opportunity is shown (orange column). Such signals in a bull market are uncommon but powerful. Why bullish?

1) Price action trend prints a higher low following a higher high.

2) Hidden bullish divergence between recently printed higher high and lower low in the oscillators - very bullish.

3) The SFP / BTC weekly chart prints a DOJI.

A buy from $2.45 is amazing.



1st target $3.56

2nd target $5.24
Trade active:
New candle for May 1st on the 10-day chart - now that's a candle I'd throw the farm at.

Trade active:
Resistance broken + bullish divergence

Trade active

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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