A number of bullish indicators following an oversold condition (orange column) on the above 1-day chart. We have:
1) Following the oversold condition we have a Dragonfly DOJI candle indicating strong buying pressure.
2) MFI resistance is broken, can only go up from here.
3) Support on the 21-week moving average (green line) following a test by price action on the 2-day chart below.
The bearish - price action is trading below the 21-day moving average. It could very well be tested and then rejected. Why am I bullish then? The oscillators (orange column) - often following such extreme oversold conditions I'll find price action ignores resistance on the 21-day. The more conservative amongst us will wait for 21-day support!
1) Following the oversold condition we have a Dragonfly DOJI candle indicating strong buying pressure.
2) MFI resistance is broken, can only go up from here.
3) Support on the 21-week moving average (green line) following a test by price action on the 2-day chart below.
The bearish - price action is trading below the 21-day moving average. It could very well be tested and then rejected. Why am I bullish then? The oscillators (orange column) - often following such extreme oversold conditions I'll find price action ignores resistance on the 21-day. The more conservative amongst us will wait for 21-day support!
코멘트:
Dragonfly DOJI's on the 8hr charts across all high volume exchanges - easy money.
코멘트:
Price action makes a healthy transition to the bullish half of the Bollinger Band.
Look out for a higher low if support on the 21-day is confirmed, this would be a strong indication of a trend reversal.
Look out for a higher low if support on the 21-day is confirmed, this would be a strong indication of a trend reversal.
코멘트:
16% increase in price action at the same time price action entered a bear market (50-day moving average crosses down 200-day with price action below the 200-day moving average).
액티브 트레이드
주문취소됨:
broken market structure - not worth it - will have a look next month
액티브 트레이드
코멘트:
Past resistance becomes support.
액티브 트레이드:
80% in 121 days - Alt season is be here.
코멘트:
90% up so far and overbought but not yet a 'sell'.
코멘트:
320% up so far. RSI support continues to hold despite a bearish divergence appearing.
A lot of alt-coins are showing overbought conditions at the moment.
A lot of alt-coins are showing overbought conditions at the moment.
코멘트:
Now up just a little over 1000%,
Price action is currently overbought yet no sell signal. Nevertheless I'd be taking profits now at those levels for sure.
Price action is currently overbought yet no sell signal. Nevertheless I'd be taking profits now at those levels for sure.
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