without_worries

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On the above 3-day chart price action has corrected over 90% since the sell signal April 2021 (not shown) at 50 cents. Today is great long opportunity. Why? 1) You know why. 2) RSI and price action resistance breakout. 3) Strong bullish divergence. Multiple oscillators print positive divergence with price action over an extended period. Is it possible price...

without_worries Updated 

There is growing evidence for it. On the above 10-day log growth chart price action has been riding the ‘mean’ log growth line for a little over 1 year now. Throughout this whole time price action trades within an ascending channel, a bear flag. Within this bearish channel a smaller bear flag is printing. A measured move on the smaller bear-flag confirmation...

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On the above daily chart price action prints within a rising wedge pattern since first testing 3000 dollars. The rising wedge pattern is a trend continuation pattern. In 82% of cases it is observed the exit is bearish. The wedge pattern is also a reliable predictor of price action forecasts. Take a measured move from the failed support to the bottom of the wedge...

without_worries

On November 27th, 2023 the “Collapse to $30” idea was published (below). The idea was met with some rebuttal, shall we say. The evidence for a collapse in Litecoin price action has only grown in the past few months. A new candle prints on the above 2-month chart in 14 days. If it prints as is, it will be a Gravestone DOJI. Such candlesticks on this timeframe...

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You may have noticed published ideas on tradingview.com are now calling for price action to take one direction and that direction is down. Don’t take my word for it, click on BTCUSD pair to the bottom right of this screen and then ‘ideas’ then ‘Recent’. A significant number of analysts are “short” at this time. The number of short ideas should not be surprising,...

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On the “Alt-coin market preparing for a 10x move” idea from July 2023 (below) it was written: “A word of warning. The uptrend will not be equal across all alt-tokens, I'm quite certain of that. Throwing a wide net out across the market will not work as in 2017, you've got to be selective.” Legacy token holders are slowly coming to the realisation this was not...

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On the above weekly chart price action has corrected over 90% since April 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows replace lower highs lower lows. 3) Confirmation of support on past resistance. Horizontal blue channel. 4) The flag pattern flagpole...

without_worries Updated 

Did you notice the weekly chart print on the GRM? The (deep breath) “Golden Ratio Multiplier Multiplied Moving Averages” indicator is a much unloved indicator with only 270 likes since June 2019! I'm guessing that is about to change after you read this post. What is it? The indicator uses a moving average that is very close to equal on the growth of Bitcoin as...

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But first price action shall move to the 11-12 dollar resistance before the downtrend continues. ** trading opportunity ** On the above weekly chart pice action has confirmed a bear flag breakout. The flagpole measurement forecasts an eventual target of $2.50. Meanwhile a breakout of RSI resistance prints with a weekly bullish engulfing candle. The weeks ahead...

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Amazingly everyone is still bearish. The ideas on Tradingview talk for a 30-40% correction as does much of social media. Popular cypto Youtube channels share a similar narrative. Terrific stuff. As a contrarian my opinion is very different from the crowd. Whether that be stocks or crypto. Am certainly walking in the opposite direction from everyone else. The...

without_worries Updated 

On the above weekly chart price action has corrected 98% in a downtrending channel since February 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action exits a near 2 year consolidation. 3) Price action confirms a trend reversal with the first higher low higher high since 2020. 4) The downward...

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Since publishing the long idea in late August at $4.29 (orange circle) price action has zoomed up 1000%. Not bad. A number of reasons now exist to be short. They include: 1) Price action has arrived at significant support and resistance, $41. 2) RSI is @ 95 on the 5-day, 97 on the weekly chart. The highest in the history of this chart. 3) Price action is four...

without_worries Updated 

On the above weekly chart price action has corrected 97% since September 2021. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Price action confirms support on past resistance (see arrow). Look left. 3) GRM support has already confirmed. 4) The falling wedge...

without_worries Updated 

On the above weekly chart price action has corrected 96% since April 2021. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Price action prints a double bottom on past resistance. 3) The bull flag breakout with confirmation. 1000% forecast. Is it possible price action corrects...

without_worries Updated 

On the above 4-day chart price action has corrected over 90% since the sell signal in August 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. 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period. Is it...

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The alt-token market offers some interesting opportunities following retail capitulations. At this moment there is a handful of plays that generally exist under the $100m market capital evaluations. It is worth noting some of my best first long exposure to alt-tokens were below this market cap. That includes MATIC (idea at bottom), and Solana, and Cardano. How was...

without_worries Updated 

On the above 4-day chart price action has corrected 99% since January 2022. A number of reasons now exist to be long, including. 1) Price action and RSI resistance breakouts. 2) Multiple oscillators print positive divergence with price action. The higher the time frame you go the stronger the divergence. 3) While the market has been in full panic mode volume...

without_worries Updated 

On the above 3 day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, they include: 1) Price action and RSI resistance breakouts. 2) Trend reversal, higher highs higher lows replace lower highs lower lows. 3) Support and resistance, the black arrows, price action has confirmed support on past resistance. 4) The bull...