On the above 3-day chart price action has corrected over 90% since the sell signal in May 2021. Now is an excellent moment to be bullish. First off a big shout out to bL1TZZ for alerting me on this one.
Why bullish? There’s so much going on with this chart I could talk about it for an hours..
1) The ‘incredible buy’ signal prints.
2) Price action and RSI resistance breakout.
3) Bullish divergence. Lots of it. 9 oscillators are currently printing positive divergence. (Orange circles).
The Fractal -
4) Price action resistance broke out on March 17th. This happened 1 year ago exactly on March 17th 2021! What??
The dollar chart is just as bullish with a ‘incredible buy’ printing on the 5-day chart (below).
Is it possible for price action to fall further? For sure.
Is it probable? Very unlikely.
Target? 10x as before like last year.
Good luck!
Ww
PS: I’m not trading this, leave a comment below if you want an update.
5-day USD chart - “Incredible buy”
Why bullish? There’s so much going on with this chart I could talk about it for an hours..
1) The ‘incredible buy’ signal prints.
2) Price action and RSI resistance breakout.
3) Bullish divergence. Lots of it. 9 oscillators are currently printing positive divergence. (Orange circles).
The Fractal -
4) Price action resistance broke out on March 17th. This happened 1 year ago exactly on March 17th 2021! What??
The dollar chart is just as bullish with a ‘incredible buy’ printing on the 5-day chart (below).
Is it possible for price action to fall further? For sure.
Is it probable? Very unlikely.
Target? 10x as before like last year.
Good luck!
Ww
PS: I’m not trading this, leave a comment below if you want an update.
5-day USD chart - “Incredible buy”
Dagangan aktif
Nota
Price action has made a near 50% move since publishing a few days ago, fantastic. Expect some profit taking. The 12hr chart is printing a 'great sell' signal. Look for support before going long.
Dagangan aktif
Nota
The main chart in this idea had my indicator set to 'stocks' instead of 'crypto' and gave a false IB signal. Apologies!This is the same chart but now set to 'Crypto'
Nota
A bearish divergence might be forming as price action nears past resistance. Notice stochastic RSI turning red? Nota
23 cent area on dollar chart is resistance 
BTC
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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.