On the above 1-day chart a 90% correction follows the bearish divergence from early April. A ‘incredible buy’ opportunity now exists (orange column) with Stochastic RSI crossing up 20.
Price action is below every moving average going, considerably extended below the 10-day EMA, price action is basically at firesafe levels. If the Mayer multiple bands are switched on (below) you will see price action has fallen out of the bottom - these are opportunities you don’t see often.
Is it possible price action falls further? Absolutely.
Is it probable? Very unlikely.
1st target 15 cents / 165%
Good luck!
WW
Price action is below every moving average going, considerably extended below the 10-day EMA, price action is basically at firesafe levels. If the Mayer multiple bands are switched on (below) you will see price action has fallen out of the bottom - these are opportunities you don’t see often.
Is it possible price action falls further? Absolutely.
Is it probable? Very unlikely.
1st target 15 cents / 165%
Good luck!
WW
Trade active:
The mirror of the lower highs following the overbought signal, now we have higher lows across all oscillators following the oversold signal.
Comment:
Also notice on the 3-day chart price action has return to previous support at the same time Stochastic RSI crossover has occurred (green shaded area).
Trade active:
UP 1100% since 'incredible buy' signal
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