Sensorium (SENSO) - Bullish divergence

On the above 5-day chart price action has corrected over 90% since the sell signal in November 2021 (not shown). A number of reasons now exist to be long, including:

1) A strong buy signal prints (not shown).

2) Multiple oscillators (blue circles) print positive divergence with price action over a 100 day period. Also true on BTC pair.

3) Price action resistance breakout.

4) Falling wedge breakout forecasts a $3 target.

Is it possible price action falls further? Sure.
Is it probable? No

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 18x / $3

Trade active:

Very few alt tokens are printing support on the 200-day SMA. Expect a rapid change in momentum once confirmed.

Daily chart

Trade active:

Support confirmed

Comment:

on support