#barger On the above 6-day chart price action has corrected 97% since May 2021. A number of reasons now exist to take a long position, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance confirming the trend reversal.
3) The falling wedge breakout forecasts a 4000% move to $17.
Is it possible price action corrects further? Sure. Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: this week
Return: 4000%