Long
FCT/BTC Long Idea
Looking to enter a position into Factom once the price drops down to major support. The last 3 pumps have used this line to bounce off of, which lines up well with the 0.786 Fib level on each of the spikes. I will enter my first position once the price drops down to that support level (Entry Point B). The second entry will be once the price then crosses Entry Point A bottom-up. I will be looking for profits in the correlated exit points (Exit point B = sell position bought into on entry point B).
Price looks like it's in a potential bearish rectangle at the moment which is why I'm expecting it to drop further than what it is. Historically Factom has also taken some time to consolidate before pumping so I'm expecting that to play out again. Stop/Loss for point B will be set depending on entry price
Price looks like it's in a potential bearish rectangle at the moment which is why I'm expecting it to drop further than what it is. Historically Factom has also taken some time to consolidate before pumping so I'm expecting that to play out again. Stop/Loss for point B will be set depending on entry price
Nota
Has created a H&S so expecting to see price decline, will wait until reversal to enter on the support lineNota
Starting to see price plateau on 1H and 4H charts so potentially going to see a reversalNota
Price is heading nicely toward entry zone B, look for it to hit support and confirm a bounce before enteringNota
Price is approaching zone A on the way up. Look for it to break the 0.786 Fib level before entryNota
Price broke before immediately heading back down. Will wait for next close to evaluate a buy orderNota
Price on 1H stated to break bullish uptrend channel. Buy order placed. Looking to sell at around 250%Nota
Been really moving well in the 1H uptrend channel
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.