Dusk Network - 200% waiting to be collectedOn the above 4-day chart price action has corrected 70% since the year began. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence. All but one oscillator continues to print positive divergence with price action.
3) Look left. Price action confirms support on past resistance.
4) Bull flag breakout. Flagpole measures 200% from breakout.
5) GRM support confirmed.
Is it possible price action corrects further? Sure.
Is it probable? No and no.
Ww
Type: trade
Risk: <=6%
Timeframe for long: Now
Return: 200%