On the above daily chart price action has corrected 90% inside the last 90 days. A number of reasons to take advantage of the situation, they include:
1) Price action and RSI resistance breakouts.
2) RSI trend reversal, higher lows print.
3) Significant confluence on past support / resistance (red circles) with regular bullish divergence.
4) The first big resistance is around 2.60 or 700% above.
Is it possible sellers keep selling after a 90% correction? Sure, you know emotions.
Is it probable? No.
Ww
1) Price action and RSI resistance breakouts.
2) RSI trend reversal, higher lows print.
3) Significant confluence on past support / resistance (red circles) with regular bullish divergence.
4) The first big resistance is around 2.60 or 700% above.
Is it possible sellers keep selling after a 90% correction? Sure, you know emotions.
Is it probable? No.
Ww
Trade active
Note
70% done, 430% to go... 
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.