** For the active investor — weeks and months ahead **
On the above 10 day chart price action has corrected 95% from $38 to $1.65 without the aid of stock splits. A number of reasons now exist to enter a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance confirms.
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period.
4) No stock splits!
5) 10% short interest.After 95% correction, good luck with that.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: You decide, please do you’re own due diligence
Timeframe for long: This year.
Return: 400-500%, no significant resistance until $12
Stop loss: elsewhere
On the above 10 day chart price action has corrected 95% from $38 to $1.65 without the aid of stock splits. A number of reasons now exist to enter a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance confirms.
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period.
4) No stock splits!
5) 10% short interest.After 95% correction, good luck with that.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: You decide, please do you’re own due diligence
Timeframe for long: This year.
Return: 400-500%, no significant resistance until $12
Stop loss: elsewhere
Trade active
monthly support confirmed BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.