** high risk - $10m market cap - small position sizes only **
On the above 2-day chart price action has corrected 90% since last April. A number of reasons now exist to be bullish:
1) The 'Incredibly buy’ signal prints.
2) Regular bullish divergence. 11 oscillators are printing bullish divergence with price action.
3) Points 1 and 2 are also valid on the 2-day NAV/BTC chart (below).
4) Price action shows support on the 0.618 golden ratio as measured from the lows of March 2020 to the highs of last April.
Is it possible price action falls further? For sure.
Is it probable? No.
Good luck!
Ww
PS: not in this trade, ask for updates below.
2-day NAV/BTC pair
On the above 2-day chart price action has corrected 90% since last April. A number of reasons now exist to be bullish:
1) The 'Incredibly buy’ signal prints.
2) Regular bullish divergence. 11 oscillators are printing bullish divergence with price action.
3) Points 1 and 2 are also valid on the 2-day NAV/BTC chart (below).
4) Price action shows support on the 0.618 golden ratio as measured from the lows of March 2020 to the highs of last April.
Is it possible price action falls further? For sure.
Is it probable? No.
Good luck!
Ww
PS: not in this trade, ask for updates below.
2-day NAV/BTC pair
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Komentar:
Forgot to add chart above. Divergence on the daily increases and breaks out of falling wedge, target shown on chart, 2x at first.
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Trade aktif:
Remember ** high risk - $10m market cap - small position sizes only **
Higher highs higher lows...
Higher highs higher lows...
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Trade aktif:
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
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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