without_worries

Raydium (RAY) - Bullish divergence

Long
without_worries Zaktualizowano   
FTX:RAYUSD   Raydium
On the above 2-day chart price action has corrected a brutal 96% since the sell signal back in September. A number of reasons now exist to be bullish, including:

1) A ‘incredible buy’ signal.

2) RSI resistance breakout.

3) Regular bullish divergence. 6 oscillators are currently printing positive divergence with price action over a 30 day period. Fantastic.

4) Nudge nudge wink wink, this one is on the ‘what if’ list.

If only every alt-token chart looked as bullish as this, but it is simply not the situation. If the support is there, I’ll publish them as I find them.

Is it possible price action falls further? Fur sure.

Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: 2 to 4 months
Return: no idea but give special attention to the $4.60 area
Zlecenie aktywne
Komentarz:
'what if' conditions met
Zlecenie aktywne:
5-day chart below. One of the most bullish charts out there at the moment.

Do you recognise the candle I've written 'wow' next to following the IB signal?


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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