On the above 4-day chart price action has corrected over 90% since the sell signal in March 2021 (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) Hidden bullish divergence between price action and money flow. Follow the money folks.
4) The falling wedge pattern is confirmed. The flagpole extension measures out at $1.35 to $1.40 area.
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.
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout (USD and BTC pairs).
3) Hidden bullish divergence between price action and money flow. Follow the money folks.
4) The falling wedge pattern is confirmed. The flagpole extension measures out at $1.35 to $1.40 area.
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.
Trade active:
GRM support confirmed.
Trade active
Trade active
Comment:
Away we go..
Trade active:
Support backtest confirmed,
Order cancelled:
Support failed.
8-day
8-day
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
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