1-day chart above and weekly chart below are both showing strong support with bullish candles following an oversold period on the daily (orange bar in RSI window) and a break out of price action resistance. This token is actually a palm beach confidential token with a buy up to 20 cents. There is bullish divergence between RSI and price action.
Weekly showing strong support on the 21-week moving average:
Weekly showing strong support on the 21-week moving average:
Comment:
Following the oversold period (orange column) price reversal is now suggested with higher lows.
Trade active
Comment:
Nice strong move to the upside following the oversold condition with confirmed trend reversal - safe to go long now.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
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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