On the above 5-day chart price action has corrected almost 80% since the 500% move from the previous idea. Now is a good opportunity to go long. Why?
1) Price action and RSI resistance breakouts.
2) Trend reversal, higher highs and higher lows replace lower highs and lower lows.
3) Price action finds strong demand on past resistance. Orange circles. Look left.
4) Dragonfly DOJI candle print. On this timeframe, you don’t ignore.
5) There is something else, will share elsewhere.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe for long: Now
Return: 300%
1) Price action and RSI resistance breakouts.
2) Trend reversal, higher highs and higher lows replace lower highs and lower lows.
3) Price action finds strong demand on past resistance. Orange circles. Look left.
4) Dragonfly DOJI candle print. On this timeframe, you don’t ignore.
5) There is something else, will share elsewhere.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe for long: Now
Return: 300%
コメント:
A 40% correction might be seen to past resistance for support confirmation.
コメント:
Long from 0.022
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR