On the above 3-day chart price action has corrected over 90% since the early 2021. Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action, RSI, and Money flow resistance breakouts.
3) Point (2) is also true for the BTC pair. Chart below.
4) The 3-day/40-day SMA crosses up the 3-day/100-day SMA. Very bullish for price action. These crosses were recorded on recent ideas such as Highstreet, ACH etc..
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
3-day BTC pair
1) A strong buy signal prints. (not shown).
2) Price action, RSI, and Money flow resistance breakouts.
3) Point (2) is also true for the BTC pair. Chart below.
4) The 3-day/40-day SMA crosses up the 3-day/100-day SMA. Very bullish for price action. These crosses were recorded on recent ideas such as Highstreet, ACH etc..
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
3-day BTC pair
Dagangan aktif
Support confirmedNota
Up 40% so far. 6 cent resistance now broken. Next resistance test @ 12 cents.Dagangan aktif
support confirm, again
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.