Alpha Venture DAO (ALPHA) - Bullish divergence

On the above 2-day chart price action has corrected a whopping 95% since the sell signal in February 2021. A number of reasons now exist to be long, including:

1) The buy signal of course.

2) Price action and RSI resistance breakout with support confirmations.

3) Regular bullish divergence. Eight oscillators are currently printing bullish divergence over a 30 day period. Fantastic.

4) Everything that is said above is also true for the 2-day BTC pair (below).

5) Nudge nudge wink wink. Don’t know what I mean? Shame.

Is it possible price action falls further? Sure.

Is it probable? No.

Ww



Type: trade
Risk: <=6% of portfolio
Timeframe: 3 - 18 months
Return: 10x minimum 15x likely




2-day BTC pair

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Yorum:

A very impressive bullish divergence with multiple oscillators is printing on the 2-day chart at this time.

Notice the inverse head and shoulders on the Money Flow index? Follow the money as the saying goes...

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Another 12hr resistance breakout

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A considerable move is about to happen.

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Lovely looking 4hr chart. Wish all alt-tokens looked this bullish.

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Did you..... you guessed it.

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GRM support confirmed.