without_worries

Curate (XCUR) - oversold

Long
KUCOIN:XCURUSDT   Curate / Tether
** risky - low market capital ~$18m **

Credit to @sashakusak for finding this - thank you!

On the above 1-day chart price action has corrected 60% since late November. Now is a excellent time to be bullish, why?

1) A ‘incredible buy’ signal has printed. 90% probability of price action upward move.

2) RSI + MFI resistance breakout.

3) Points (1) + (2) are applicable on the daily XCUR/BTC pair (chart below).

4) Price action on the BTC pair is currently testing the 0.618 golden ratio.

There’s a couple of obvious targets (derived from 3-day chart):

1st $4.80

2nd $9.10

Is it possible price action falls further? For sure.

Is it probable? No.

The project: A NFT marketplace App that seems very interesting, functioning product unlike so much out there with an established team.

Good luck!

WW



Trade active:
9 out of 11 oscillators printing bullish divergence with price action.

Trade active:
Price action prints a higher low on trend reversal. The first since mid-October.

Comment:
Seeing a number of alt-tokens popping off for no good reason, the alt-token market might just be springing into life.

On the daily dollar chart a significant regular bullish divergence is emerging with both RSI and MFI printing higher lows versus the lower low in price action.


The story is the same on the BTC pair with multiple oscillators printing bullish divergence, including MACD. Look left!

Be greedy when others are fearful.

Trade active
Comment:
Weekly BTC pair prints a solid bullish engulfing candle with price action breaking out of falling wedge pattern. Wedge extension suggests a 200% upward move in the coming weeks.

Comment:
This is the BTC pair on the daily. The multiple diverging oscillators have confirmed rotation. Once past 600 sats a 200% move should be expected. Look left.

Trade active:
On the daily chart below price action has corrected to the 786 golden ratio. A inverse head and shoulders pattern can be seen. Look for a break of the neck line, price action would then target the $4 area.

Will go through the other recently published ideas as time allows.. .

Trade active:
Weekly Stochastic RSI crosses up 20 (purple circle), indicating momentum is increasing. After $7 area there is no more resistance. Message below if you're not certain what to do, I'm not in this trade.

Order cancelled
Comment:
This one was absolutely trashed. If you've got the stomach for it there's buy signals on the 1, 2, 3-day USD and BTC pairs with bullish divergence.


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
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