On the above 3-day chart price action has corrected 50%. A decent long opportunity now presents itself. 1) RSI and price action resistance breakouts. 2) A bull-flag breakout + confirmation. 3) Price action confirms past resistance as support. Is it possible price action falls further? sure. Is it probable? no. Ww Type: trade Risk: <= 6% Timeframe: Act...
On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long.. 1) You know why. 2) Price action finds support on the golden ratio. 3) There is a positive divergence between RSI and price action. 4) The bull flag channel, naturally a bullish pattern...
On the above bi-weekly chart price action has corrected over 90% since the sell signal (not shown). Now is an excellent long moment. Why? 1) A strong buy signal (not shown). 2) Price action is printing on past support, look left. 3) Bullish divergence. 4) Weekly Dragonfly DOJI candle. 5) No stock splits. Is it possible price action falls further? Sure. Is it...
On the above 10-day chart price action has increased 80% since the year began. A number of reason now exist to collecting profits. They include: 1) Price action and RSI support breakouts. 2) Weekly bear flag confirmation pattern. 3) Hidden bearish divergence. 4) The bear flag extension mark the correction for this flag to 32 dollars. Is it possible price...
On the above 6-day chart price action has corrected by 95% since January 2022. Today is great long opportunity. Why? 1) RSI and price action resistance breakouts. 2) Multiple oscillators print bullish divergence across a 4-6 month period, very powerful. 3) Seller weakness. Notice the long candle wicks into seller territory? This is especially true on the BTC...
On the above 10-day chart price action has corrected 98% since 2021. Now is an excellent long moment. Why? 1) You know why. 2) Price action, RSI, MFI resistance breakouts. 3) Bullish divergence. Lots of it. 9 oscillators are printing positive divergence with price action. 4) No stock splits. 5) High short interest. A number of hedge funds as well as private...
On the above 5-day chart price action has corrected over 90% since November 2021. A number of reasons now exist to consider a long position, including: 1) Price action and RSI resistance breakouts. 2) Price action backtests past resistance as support. 3) Price action tests the ‘bottoming candle’. This happened on a recent published idea, do you remember...
On the above weekly chart price action has corrected 95%. A number of reasons now exist for a bullish outlook, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. 3) What was said above is also true for the ATA-BTC pair. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk:...
On the above 2-day chart price action has corrected over 80% since the beginning of the year. A number of reasons now exist to consider a long position, including: 1) Price action and RSI resistance breakouts. 2) Price action backtests past resistance as support. 3) Price action tests the ‘bottoming candle’. 4) Regular bullish divergence. Was asked about this...
This is not going to be popular… This idea is a continuation from the “Cardano (ADA) to 80 cents” idea published in September 2021. I’m now satisfied the conditions for continuation have now been met. Before the critics come out on mass, check out the 80 cents idea below before commenting. I’m not interested in tribal whataboutery, I’m only interested in the...
And possibly even below? There is growing evidence for it. Now this idea does not cancel the attached 48k idea.. yet. Not while support exists. However if market structure breaks (currently a candle body closing under 25.7k), then that idea is void. Weekly Bear flag breakout >> A candle body clearly prints outside the bear-flag. Confirmation is a following red...
On the above 8-day chart price action has corrected 95% since the sell signal back in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong bullish divergence between price action and the oscillators. Eight of them as measured over a 160 day period. 4) A double bottom on...
Perhaps. ** investment opportunity ** 23 years ago traders were exchanging Nokia stock at $60 a share. No splits since that time and now yours for under $4. Dividend yield @ 1.98%. On the above 3-week chart price action has corrected over 90%. A number of reasons now exist for a bullish outlook. They include: 1) Price action and RSI resistance breakouts. 2)...
Hype does not begin to cover it (links way below). Am reminded of ADA bulls at three dollars and above after rallying from 3 cents or Ethereum from 180 dollars to 4.5k. Greed is a powerful emotion and in full swing. “Is your 5 cent idea still valid?” “You’re prediction is wrong” “Get a real job you’re crap at this!” A flavour of the messages that are received...
On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why? 1) You know why.. The same conditions as before. 2) Price action resistance breakout. 3) Support and resistance. Price action returns to past resistance....
On the above 6-day chart price action has corrected 92% since November 2021 @ 70 cents. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Strong bullish divergence as measured over 60 days. 8 oscillators print positive divergence with price action. 3) Look left (orange line, best seen on 2-day chart) price...
On the above 2-day chart price action has corrected a whopping 97% since the sell signal back in March 2021 at $1.50 (see weekly chart below). A number of reasons now exist to be bullish. They include: 1) Double ‘incredible buy’ signals. Last I saw that it was on Solana in December 2020 @ $1.40. Yeah. 2) Price action and RSI resistance breakout. 3) Price action...
On the above 4-day chart price action has corrected 75% since March. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Significant bullish divergence. Multiple oscillators print positive divergence with price action. 3) Bull flag break out with 350% target projection. Is it possible price action prints lower...