Dusk network / BTC - bullish divergence

On the above 1-day chart price action has corrected 50% since mid-March with a oversold condition (orange column). A ‘incredible buy’ condition now exists following the regular bullish divergence between price action and all oscillators. Perfect.

On the 3-day chart (below) price action is printing bullish engulfing candles on past resistance as Stochastic RSI crossed up 20.

Is it possible price action falls further? Sure.

Is it probable? Unlikely, strong probability of upside move.

1st target 600 sats.

تم فتح الصفقة

تم فتح الصفقة:

RSI crosses 50 following a break of past resistance. A rotation back into BTC is projected around mid-late September.

تم فتح الصفقة:

2nd 'incredible buy' signal + bullish divergence between price action and the oscillators.

تم فتح الصفقة

تعليق:

'great sell' alert