On the above 5 day chart price action has corrected over 70% throughout 2024. A number of reasons now exist to be bullish. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Notice the higher low?
3) The trend reversal follows strong bullish divergence, which has now confirmed.
4) Look left. Notice where the higher low is printing? On past resistance. Excellent.
5) Lastly the bull flag, it has broken out and confirmed support. The flagpole forecasts a 400% move.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
1) Price action and RSI resistance breakouts.
2) Trend reversal. Notice the higher low?
3) The trend reversal follows strong bullish divergence, which has now confirmed.
4) Look left. Notice where the higher low is printing? On past resistance. Excellent.
5) Lastly the bull flag, it has broken out and confirmed support. The flagpole forecasts a 400% move.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Trade aktif
Catatan
Past resistance confirms support.Trade aktif
A whole lot of waiting, but in the end those that wait are reward.Target is $6
Catatan
$3 to go.Catatan
Stay long.... or panic. 90% of folks actually lose money on this trade.Catatan
A 100% move should print in the coming days and weeks.Catatan
A move to $4 is about to print.Catatan
GRM support confirmed.Catatan
Some resistance should be expected at $7The bigger resistance resistance is at $20
If you're using my tools, use the 1 day chart for sell signal, very reliable.
Catatan
5 day gaussian channel support with hook reversal. What happens next may surprise.5 day
Trading ditutup: stop tercapai
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.