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without_worries
Jan 18, 2023 10:28 AM

Sperax (SPA) Long

Sperax/TetherGate.io

Description

On the above 4-day chart price action has corrected 97% since the sell signal in January 2022 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout (USD and BTC pairs).

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over an 80 day period.

4) Can price action go back to 20 cents? No idea but that would be a 5500% return.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=1-2% of portfolio - Very small market cap
Timeframe: Don’t know.
Return: Don’t know.

Comment

The BTC pair

Trade active

Will update when the target is within range..

Comment

618 confirmed. For those of you that light playing with smalls caps, 100-110% move coming up soonish..

Trade active

I know this is a tiny market cap and folks might think they'll only make great returns if betting on small caps. This is a terrible idea. No matter the size of your portfolio you play trades on what is probable.

All that said, I know there's no way I'll change everyones thinking. Truth to be told (search my ideas MATIC, first purchase here was when it was a 25M market cap), there's some great opportunities to turn a small amount of cash into dizzying heights if you can ignore the up and coming volatility.


3-day BTC pair

Trade active

120% so far.

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** swing trade closed **

Price action now on support.

3-day chart

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Retail flushed out, long like donkey kong..

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GRM support confirmed.

Comment

Not 48hrs ago was GRM support confirmed and price action is now up 80%. Such a beautiful signal to have in your toolbox.

Comment

should the 1 cent resistance break price action will likely 2x in a short space of time.

Trade active

Up 300% so far..


Comment

interested in other small caps like this one just waiting to pop? Let me know.. not suitable for portfolios greater the 10k dollars per trade.. but I like studying them anyways when not in a garden etc


Comment

On SPA

a strong sell signal is about to print. If you've been holding since publication.. .take profits.

Comment

RITE is another tiny tiny tiny market cap for those with smaller portfolios..

There's a lot of accumulation going on here as seen in the volume chart. Am reminded of the uTK Utrust idea some years ago, look it up cannot be bothered digging it out.

4-day

Comment

from 0.0076

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** close swing trades **

Support on past resistance confirmed.

Did this tiny nothing of a token just get listed on Coinbase??

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Now...

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Long like Donkey Kong, retail flush out probably complete

8hr this time.

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Daily chart prints a new buy signal, the first since January.

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The moment is now.
Comments
WMWToronto
Ya, I guess it's waiting to pop like everything else.. but its that 5596% that has my interest and we have seen a gradual movement up and to the right. Any educated price/time predictions ?
without_worries
@WMWToronto, Not on the public idea.
without_worries
@WMWToronto, 2 days ago a buy signal printed.. Today... not bad eh?
Dibuding
perfect
WMWToronto
A call to action ! So early in the morning as well ! I have a little reservation on this SPA asset. Some have suggested that many of these older assets may not reach their previous old ATH. They have lost favor with the investing public, they have no narrative, they are not sexy and some have suggeted that if they haven't popped by now, they may never do so. What is going to cause this asset to rise to such heights again, as opposed to some of the more favorable assets I have found in the re-emerging SOL ecosystem for instance ? JUP may be a good example ? Your humble servant, The Sublime Prince of Toronto
mohammadkhoshnodian1373
please check this chart sir and update it , thank you
mohammadkhoshnodian1373
any update for this chart ?
usefulKitten7115
Now? Rocket launched?
without_worries
@usefulKitten7115, Have others questions to answer first.
hasty167
Hi sir i am buy spa what is target is good to sell it ?
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