The above 2-day chart is showing a price action breakout to the upside following a strong oversold condition. Stochastic RSI crosses above 20 at the same time a bullish engulfing candle is printed. Price action is below the major moving averages, a perfect buying location..
On the 1-day BTC chart we have a strong band to band transition from the bearish half to the bullish half of the Bollinger Band. Observing an asset with strong bullish conditions both on USD & BTC is a bullish indicator on its own.
On the 1-day BTC chart we have a strong band to band transition from the bearish half to the bullish half of the Bollinger Band. Observing an asset with strong bullish conditions both on USD & BTC is a bullish indicator on its own.
評論:
Not advice - Please always do your own research. The recent Bitcoin sell off has pushed price of this trade down to the golden ratio - a good moment to accumulate.
評論:
Not loving how the weekly RSI closed (circled in black). Below 50 with apparent rejection from support becoming resistance suggesting bears might be in control until Mid-December.
How am I playing it? Still long - will use dips as opportunities.
How am I playing it? Still long - will use dips as opportunities.
評論:
3-day is looking very nice indeed. What's changed?
1) RSI resistance recently became support on back test (circled in black). A very bullish signal.
2) The back test occurred at the same time price action pulled back to test support on the bottoming candle (see call-out).
3) Point (2) occurred following the bullish engulfing candle!
We're good to go.
The 3-day chart:
1) RSI resistance recently became support on back test (circled in black). A very bullish signal.
2) The back test occurred at the same time price action pulled back to test support on the bottoming candle (see call-out).
3) Point (2) occurred following the bullish engulfing candle!
We're good to go.
The 3-day chart:
評論:
Look left! I don't think the next 10-days will be boring in the crypto space. However it is that time I like to check through the 10-day charts.
Have a look at the price action on Bread, huge amount of buying pressure on the last 10-day candle printed with a long tail.
Seat belts on please ;)
Have a look at the price action on Bread, huge amount of buying pressure on the last 10-day candle printed with a long tail.
Seat belts on please ;)
交易進行:
New 10-day chart, looks fantastic. Previous RSI resistance was broken and back tested, now is support.
交易進行
評論:
Remember that 10-day chart above?
評論:
Up 175% so far and fast becoming overbought. No sell signal yet however a pullback to the 21-week moving average should be expected in the future. Price action is currently 50% above this moving average.
評論:
Now 340% - Being patient pays.
交易進行:
Targets to watch out for:
55 cents then.. $1,05
55 cents then.. $1,05
交易進行:
October 2020 all over again. If you missed that 700% gain from before you've now got a second chance.
10 oscillators showing bullish divergence! Risk is firmly in the 'off' position.
10 oscillators showing bullish divergence! Risk is firmly in the 'off' position.
評論:
A near 200% move since update above. Green column is indicating 'overbought', but not yet a sell. Nonetheless, rate of return in the days ahead may be limited.
評論:
2000% !!! Patient is the winner! ;)
I'd be taking profits...
I'd be taking profits...
BTC
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
The 4-day chart just printed a new candle yesterday, which is a bullish engulfing candle as the Stochastic RSI cross up 20. This happened before (circled in black). The probability of a strong move to the upside has increased.
There's a weekly bullish divergence now building for over 2+ years. This is impressive considering the bear market of the last two years. I've not seen another token listed on this exchange with this length of divergence.