Long
WAVES
** re-post from December **
On the above 4-day chart price action has corrected almost 100% since the sell signal in March (not shown). A number of reasons now exist to be bullish , including:
1) A strong buy signal (not shown) on both USD/ BTC pairs.
2) Price action is now testing a significant line of support and resistance . On both USD and BTC pairs (below). Look left!
3) Regular bullish divergence . Lots of it. On both USD and BTC pairs.
4) Price action is currently on the Fibonacci 0.786
5) Price action in falling wedge . IF a breakout occurs, the target is $140 per token.
Is it possible price action falls further? Sure.
Is it probable? No
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: $90 to $140
4-dat BTC pair
On the above 4-day chart price action has corrected almost 100% since the sell signal in March (not shown). A number of reasons now exist to be bullish , including:
1) A strong buy signal (not shown) on both USD/ BTC pairs.
2) Price action is now testing a significant line of support and resistance . On both USD and BTC pairs (below). Look left!
3) Regular bullish divergence . Lots of it. On both USD and BTC pairs.
4) Price action is currently on the Fibonacci 0.786
5) Price action in falling wedge . IF a breakout occurs, the target is $140 per token.
Is it possible price action falls further? Sure.
Is it probable? No
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: $90 to $140
4-dat BTC pair
Trade active
From $1.60 is great but don't fret in being a protectionist with the exact low, consider the target.Trade active
GRM support confirmed.The first significant resistance is at 23 dollars. That should occur by the summer months.
Note
Dear Ps, this is a very active long position.Trade active
Dear Ps, this positions remains active just as with others in the same list.Note
Regarding last update, refer to Sandbox thread. There's an interesting comparison between this one and others on the market recently discussed...Trade active
Strong positive divergence now printing.Note
Past resistance confirms support.Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.