Is TerraClassicUSD (USTC) about to moon?
On the above 2 day chart price action has corrected over 80% since November 2023. A number of reasons now exist to be bullish. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal. higher highs higher lows replace lower highs lower lows.
3) Support on past resistance. Look left.
4) Everything that was said above (1 through 3) is also true for the USTC.BTC pair (see chart below). This level of confluence should not be ignored.
Is it possible price action continues correcting? Sure.
Is it probable? No
Ww
Type: trade
Risk: you decide
Timeframe for long: hours
Return: 300%
2 day USTC / BTC pair
1) Price action and RSI resistance breakouts.
2) Trend reversal. higher highs higher lows replace lower highs lower lows.
3) Support on past resistance. Look left.
4) Everything that was said above (1 through 3) is also true for the USTC.BTC pair (see chart below). This level of confluence should not be ignored.
Is it possible price action continues correcting? Sure.
Is it probable? No
Ww
Type: trade
Risk: you decide
Timeframe for long: hours
Return: 300%
2 day USTC / BTC pair
Dagangan aktif
Resistance breakout confirmation.
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.