without_worries

Hedera Hashgraph (HBAR) vs USD - Dragonfly DOJI

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without_worries Обновлено   
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
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!

Комментарий:
Dragonfly DOJI's on the 8hr charts across all high volume exchanges - easy money.
Комментарий:
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.

Комментарий:
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).
Сделка активна
Заявка отменена:
broken market structure - not worth it - will have a look next month
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Комментарий:
Past resistance becomes support.

Сделка активна:
80% in 121 days - Alt season is be here.

Комментарий:
90% up so far and overbought but not yet a 'sell'.

Комментарий:
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.

Комментарий:
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.


BTC
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Weblink: www.patreon.com/withoutworries

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