Following a 80% correction since the giddy heights of April 2021 a number of reasons now exist to be bullish on price action with the above 2-day chart. They include:
1) A ‘incredible buy’ signal prints. Look left!
2) Regular bullish divergence. 8 oscillators are currently printing bullish divergence.
3) similar story on the 2-day BTC pair (below)
Is it possible price action falls further? For sure.
Is it probable? Unlikely.
Good luck!
Ww
2-day BTC pair
Trade attivo
Trade attivo
** life cross ** pints on the daily chart on the BTC pair.
Nota
On the BTC pair price action is up 70% since publishing - continues to look very strong.
Trade attivo
resistance breakout, a significant move should print soonish
Nota
Price action on the weekly is close to breakout on the falling wedge. When that happens a 20 cent target is forecast.
Trade attivo
Past resistance confirmed as support.
Nota
Say what you want about this token, it has been a steady Eddie for the last 4-5 months.
Allow 3-6 months on ideas. Not investment advice. DYOR
Anche su:
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.