On the above daily chart price action has corrected 50% with a ‘incredible buy’ opportunity illuminated. Now is time to be bullish. Why?
1) Price action breaks out of resistance with a ‘W’ in price action forming.
2) Bullish divergence. Price action prints lower lows while the oscillators print higher lows. In fact 9 oscillators are now showing positive divergence with price action, look left!
On the 4-day chart below:
3) Price action prints a Dragonfly DOJI candle. Fantastic.
4) Stochastic RSI crosses up 20.
Is it possible price action falls further? Sure.
Is it probable? Very unlikely.
A buy from 0.0015 ETH is fantastic.
Good luck!
WW
PS: Have moved the decennial point to the right two extra points to allow display of the full Ethereum fraction, i.e. 0.16180 instead of 0.0016.
4-day chart - Dragonfly DOJI
1) Price action breaks out of resistance with a ‘W’ in price action forming.
2) Bullish divergence. Price action prints lower lows while the oscillators print higher lows. In fact 9 oscillators are now showing positive divergence with price action, look left!
On the 4-day chart below:
3) Price action prints a Dragonfly DOJI candle. Fantastic.
4) Stochastic RSI crosses up 20.
Is it possible price action falls further? Sure.
Is it probable? Very unlikely.
A buy from 0.0015 ETH is fantastic.
Good luck!
WW
PS: Have moved the decennial point to the right two extra points to allow display of the full Ethereum fraction, i.e. 0.16180 instead of 0.0016.
4-day chart - Dragonfly DOJI
Giao dịch đang hoạt động:
Looks like the appreciation against Ethereum is off to a early start.
Bình luận:
Dragonfly DOJI candle prints with the close of the weekly chart - excellent.
Giao dịch đang hoạt động
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