Very nice set up, This 3-day chart clearly shows a bullish divergence between price action and Stochastic RSI with following engulfing candle after a strong oversold period.
The weekly chart for confirmation, very powerful.
The weekly chart for confirmation, very powerful.
Operación activa:
Long still very much in play - be patient.
RSI support (blue line with the most contact) is showing a trend with consistent higher lows on the 3-day chart after a strong oversold period.
The first target is approximately 480% from current price, so don't fret on a 10-30% slide downward (unlikely given the double bottom since engulfing candle), we're not timing the market.
RSI support (blue line with the most contact) is showing a trend with consistent higher lows on the 3-day chart after a strong oversold period.
The first target is approximately 480% from current price, so don't fret on a 10-30% slide downward (unlikely given the double bottom since engulfing candle), we're not timing the market.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
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