Yet another oversold alt-coin, this time 96% from the August highs. On the above 2-day chart following the oversold condition (orange column) we have a month long bullish divergence set up between price action and the Money Flow Index (MFI). Additionally Stochastic RSI is crossing up the 20 = bullish.
Is it possible for price action to fall further? Sure.
Is it probable? Very unlikely. Risk / reward is excellent.
1st target, 450% from current price point.
3-day chart below shows strong buying pressure following the sell-off.
Is it possible for price action to fall further? Sure.
Is it probable? Very unlikely. Risk / reward is excellent.
1st target, 450% from current price point.
3-day chart below shows strong buying pressure following the sell-off.
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Komentarz:
90% in 48 hours! Take that Bitcoin.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
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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