Price action has corrected over 90% on the above 16 day chart since early 2021. A number of reasons now exist for a bullish outlook. They include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance, look left.
3) That bull flag forecasts a 6000% move and more to $90.
Is it possible price action continues downtrend? Sure. Is it probable? No.
Ww
Type: trade Risk: you decide Timeframe for long: Yesterday Return: Lambo
Trade active
Support on past resistance confirms.
Don't let this opportunity pass you by and fill you with regret.
You saw what happened with XCN, alls you need do is ignore the public comments and social media.
Laters..
Note
The highest number of oscillators to print divergence since the bearish divergence of early 2021.
Let this run to $50 before taking profits. You have 14 weeks to change your future, will you allow that?
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Allow 3-6 months on ideas. Not investment advice. DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.