Everyone is so focused on what Bitcoin is not doing that there’s a real risk the best opportunities are passing us by. Those opportunities are found in the alt tokens following massive sell offs. We find them by studying the BTC pairs. Those studies are assisted by focusing on time frames greater than the daily chart during times of such uncertainty.
On the above 2-day chart price action has corrected a whopping 90% since the year began. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal.
2) Regular bullish divergence. Currently 10 oscillators are printing positive divergence over a 26 day period.
3) Price action has printed a Dragonfly DOJI candle on the Fibonacci level 0.78 formed by the 2021 July lows.
4) RSI resistance breakout.
5) Price action is approaching a trend line of high confluence going back to late 2018. It was found by studying the 10-day chart.
Is it possible for price action to fall further? For sure.
Is it probable? 5% to be technical.
Good luck!
Ww
PS: Have a loot at the track record below on the ideas for this one, 3 out of 3 so far, will this be no. 4? OF course it will ;)
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: don’t know
On the above 2-day chart price action has corrected a whopping 90% since the year began. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal.
2) Regular bullish divergence. Currently 10 oscillators are printing positive divergence over a 26 day period.
3) Price action has printed a Dragonfly DOJI candle on the Fibonacci level 0.78 formed by the 2021 July lows.
4) RSI resistance breakout.
5) Price action is approaching a trend line of high confluence going back to late 2018. It was found by studying the 10-day chart.
Is it possible for price action to fall further? For sure.
Is it probable? 5% to be technical.
Good luck!
Ww
PS: Have a loot at the track record below on the ideas for this one, 3 out of 3 so far, will this be no. 4? OF course it will ;)
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: don’t know
注释
Incidentally here is the 3-day dollar chart and future projection in the months ahead. If you want to be notified of a possible 70%+ scalping opportunity a few months down the line (look left) with price action making the journey up, then make a donation. Only the first 10 highest bidders added to the notification list, don't have time to notify everyone.交易开始
注释
A signifiant breakout should be expected in the coming days.交易开始
Did you see?Will publish what on Patreon.
交易开始
30% upside move soonish相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。