Badger DAO / BTC - Bullish divergence

Thought this was already published but unable to find.

On the above 1-day chart a regular bullish divergence follows the ‘incredible buy’ condition after a 90% correction in price action. The bullish divergence occurs across both RSI and MFI oscillators and is 2-month in the making, that is significant.

Is it possible price action falls further? For sure.

Is it probable? Very unlikely.

1st Target is 19k sats / 690% from current levels.

Good luck!

WW

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Kommentera:

Bullish divergence remains intact with squeeze and constriction of the Bollinger Band mouth, which indicates a big move is coming.

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Price action recently breaks out of resistance. The bullish divergence remains intact - be patient.

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Kommentera:

Double bullish engulfing candles on the 2-day chart.

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Breakout of pennant formation. Next target 8k sats