Keep Network (KEEP) / BTC - Regular Bullish divergence

A 95% correction since early September and three following oversold conditions (orange columns), the above 1-day chart is now indicating an ‘incredible buy’ opportunity exists with a potential 45x return in Satoshi terms.

A number of bullish indicators suggest price action is about to make a sudden move to the upside. Those include:

1) Regular bullish divergence. Most visible on the 3-day chart (not shown here), the divergence is now almost 2-months in the making. Excellent.

2) RSI resistance is broken = bullish.

3) MFI resistance is broken = bullish.

Good luck!

Transaction en cours

Commentaire:

A major move draws closer. In the last 10 days price action has moved to find support on the 21-day moving average. Like so many other alts that have popped recently, support on the 21 EMA was a prerequisite before the next move.

Commentaire:

5-day chart prints a DOJI candle as Stochastic RSI crosses up 20. Don't ignore those gifts, they don't come often.

Transaction en cours:

Of all the alts I study the upside suggested on this one seems bonkers. Time will tell.

Transaction en cours:

Price action falls to test the 5-day moving average and confirms support.

Transaction en cours:

For some reason this idea did not show up in my ideas list so another was published - hey ho.

For the record, hidden bullish divergence emerges on the Keep / BTC chart.

Transaction en cours

Commentaire:

Price action makes 3rd attempt at breaking past resistance. On this 3rd attempt Stochastic RSI is rising crossing up 20 whereas before it was overbought.

If a break occurs it should be rewarding.

Transaction en cours:

3rd time lucky! New resistance way up, however that'll may not occur until past resistance is tested as support.

Transaction en cours:

"incredible buy" signal appears