On the above 4 day chart price action has corrected 90%. A number of reasons now exist for long entries, they include:
1) Price action and RSI resistance breakouts.
2) Support and resistance. Past resistance confirms support.
3) Point no. 2 confirms a “double bottom” in price action.
4) Notice the 4 day hammer candle?
5) The falling wedge confirmation forecasts a 600% move in price action.
Is it possible sellers keep selling? Sure, I hear their supplies are endless.
Is it probable? No.
Ww
Type: trade
Risk: small, tiny market cap.
Timeframe for long: Now
Return: 600%
1) Price action and RSI resistance breakouts.
2) Support and resistance. Past resistance confirms support.
3) Point no. 2 confirms a “double bottom” in price action.
4) Notice the 4 day hammer candle?
5) The falling wedge confirmation forecasts a 600% move in price action.
Is it possible sellers keep selling? Sure, I hear their supplies are endless.
Is it probable? No.
Ww
Type: trade
Risk: small, tiny market cap.
Timeframe for long: Now
Return: 600%
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.