WAVES

** re-post from December **

On the above 4-day chart price action has corrected almost 100% since the sell signal in March (not shown). A number of reasons now exist to be bullish , including:

1) A strong buy signal (not shown) on both USD/ BTC pairs.

2) Price action is now testing a significant line of support and resistance . On both USD and BTC pairs (below). Look left!

3) Regular bullish divergence . Lots of it. On both USD and BTC pairs.

4) Price action is currently on the Fibonacci 0.786

5) Price action in falling wedge . IF a breakout occurs, the target is $140 per token.

Is it possible price action falls further? Sure.
Is it probable? No

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: $90 to $140


4-dat BTC pair

Handel aktiv:

From $1.60 is great but don't fret in being a protectionist with the exact low, consider the target.

Handel aktiv:

GRM support confirmed.

The first significant resistance is at 23 dollars. That should occur by the summer months.

Kommentera:

Dear Ps, this is a very active long position.

Handel aktiv:

Dear Ps, this positions remains active just as with others in the same list.

Kommentera:

Regarding last update, refer to Sandbox thread. There's an interesting comparison between this one and others on the market recently discussed...

Handel aktiv:

Strong positive divergence now printing.

Kommentera:

Past resistance confirms support.

Handel aktiv