On the above 3-day chart price action has corrected a massive 95% from $3.20 last April. A number of reasons now exist to be long, including:

1) A ‘incredible buy’ signal has printed. (1-day chart below)

2) RSI resistance breakout and support.

3) Regular bullish divergence . Multiple oscillators are printing bullish divergence . Look left (Green shapes).

4) The bull flag with price action now testing the golden ratio.

5) The target price is a measured extension from the flagpole.

6) The 3-day BTC pair fills a lot of the criteria above (see chart below).

7) Nudge nudge wink wink – don’t know what I’m talking about? Isn’t that a pity.

Is it possible for price action to fall further? Absolutely.

Is it probable? No.

1st target $14

Good luck!

Ww

1-day chart

3-day BTC pair