Marlin (POND) - Hidden bullish divergence

Long

POND / TetherUS (BINANCE:PONDUSDT)

Aktualisiert

BINANCE:PONDUSDT POND / TetherUS

On the above 1-day price action has corrected 98% from 25 cents in April 2021. Now is an excellent moment to take a long position. Why?

1) The ‘incredible buy’ signal prints.

2) Price action prints a higher lows on the golden ratio. This has not happened since July 2021.

3) Hidden bullish divergence. Of all the divergencies the hidden divergence is the ‘gold standard’. Price action prints higher lows with lower lows in volume. Fantastic.

4) This token is on the ‘what if’ list. In fact this token has already achieved all conditions necessary.

5) On the 2-day POND/Bitcoin pair (below) price action resistance has broken.

6) On the same 2-day chart volume is clearly entering this asset regardless of price action. Someone knows something I don't. Follow the money.

Is it possible price action falls further? Sure.

Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: 2 to 6 months
Return: no idea

2-day chart

Trade ist aktiv

Kommentar:

12hr chart price action resistance broken,

Bond on the same 12hr on broken price action resistance

Alchemy Pay - ACH

Are you hearing me on FM?

Is there a desire to update ideas once those 12hr resistances are broken? They be super powerful.

Kommentar:

Does this chart seem familiar?

Kommentar:

Do you see the breakout on the 1-day BTC pair below from a year+ of resistance with back test confirmation?

On another idea I said there are 'eight' token across the market printing the exact same conditions. Nudge nudge wink wink.

Kommentar:

someone below asked about POND targets. I don’t do targets. But if I did.. look for the top by the 16-17 cents area where the Fibonacci extension is as measured from the GRM (yellow dotted line).