without_worries

PLT / USD - Bullish divergence

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without_worries Güncellendi   
Yet another oversold alt-coin, this time 96% from the August highs. On the above 2-day chart following the oversold condition (orange column) we have a month long bullish divergence set up between price action and the Money Flow Index (MFI). Additionally Stochastic RSI is crossing up the 20 = bullish.

Is it possible for price action to fall further? Sure.

Is it probable? Very unlikely. Risk / reward is excellent.

1st target, 450% from current price point.

3-day chart below shows strong buying pressure following the sell-off.

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Yorum:
90% in 48 hours! Take that Bitcoin.

BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.