Long
FCTBTC 8/25
Strong healthy uptrend
Thick kumo cloud on 4hr gives us confidence to open long position on FCT
Buy point: anytime
Areas are mapped out to possible best entry points
A1= bounce off baseline/uptrend line
A2 = bounce off support of cloud
A3= entry of cloud (weakness of uptrend/uptrend in question)
A4= break of cloud, trend reversal.
We can set target 1-3 day target of 700k, and additional further targets 800k+, until the trend is broken
Best of luck
Thick kumo cloud on 4hr gives us confidence to open long position on FCT
Buy point: anytime
Areas are mapped out to possible best entry points
A1= bounce off baseline/uptrend line
A2 = bounce off support of cloud
A3= entry of cloud (weakness of uptrend/uptrend in question)
A4= break of cloud, trend reversal.
We can set target 1-3 day target of 700k, and additional further targets 800k+, until the trend is broken
Best of luck
Note
700k level reached! Will reach to upper channel (around 730-740) and return to uptrend line
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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.
Disclaimer
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.