On the above 1-day chart price action has corrected 95% since late December, ouch. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal.
2) Price action RSI resistance breakout.
3) Points 1 & 2 above is also true for the 1-day BTC pair (below).
4) Price action prints a falling wedge + breakout.
5) The Bollinger Band now shows price action above the mean as the mouth of the band is squeezing (below). This is a leading indicator of a large move to come.
6) Nudge nudge wink wink - don’t know what I mean? Shame.
Is it possible price action falls further? Sure.
Is it probable? No.
On a fundamental level it is interesting this project is paired with the Sushi protocol, which itself is very bullish.
Good luck!
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know.
Return: 2x near term
1-day BTC pair
1-day Bollinger Band squeeze
1) The ‘incredible buy’ signal.
2) Price action RSI resistance breakout.
3) Points 1 & 2 above is also true for the 1-day BTC pair (below).
4) Price action prints a falling wedge + breakout.
5) The Bollinger Band now shows price action above the mean as the mouth of the band is squeezing (below). This is a leading indicator of a large move to come.
6) Nudge nudge wink wink - don’t know what I mean? Shame.
Is it possible price action falls further? Sure.
Is it probable? No.
On a fundamental level it is interesting this project is paired with the Sushi protocol, which itself is very bullish.
Good luck!
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know.
Return: 2x near term
1-day BTC pair
1-day Bollinger Band squeeze
İşlem aktif
İşlem aktif:
This would be an excellent long moment if you're still interested in this token.
Yorum:
Excellent long moment confirmed
Yorum:
An excellent moment. Last time that comment was written above price action jumped 100%.
Yorum:
Excellent moment confirmed... (again)
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
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