Marlin (POND) - Hidden bullish divergenceOn 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
