FCTBTC is in strong uptrend base and conversion line above kumo cloud on 4hr gives us confidence to open long.
Pending buy orders can be placed at 675k level Profit target will be upper level of channel around 800k Stop loss can be set at 645k Risk = 4.44% Reward = 18.52%
Action to take: set conditional buy
Trade active
Trade active at 675k
Note
Due to BTCUSD reaching 4600 FCT took a dip, trade still active. Stop not hit
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.