On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Support and resistance. Look left. Price action has now confirmed support on past resistance.
3) A weekly life cross prints.
4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target.
Is it possible price action continues to correct? Sure.
Is it probable? No
Ww
Type: Trade
Risk: <6%
Timeframe for long: This month
Return: 2500%
1) Price action and RSI resistance breakouts.
2) Support and resistance. Look left. Price action has now confirmed support on past resistance.
3) A weekly life cross prints.
4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target.
Is it possible price action continues to correct? Sure.
Is it probable? No
Ww
Type: Trade
Risk: <6%
Timeframe for long: This month
Return: 2500%
Dagangan aktif
Support on past resistance confirms.Nota
GRM support now confirms.Dagangan aktif
Going up...Nota
Going up tis time for sure!Dagangan aktif
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.