Short
Football/USDT - Target Achieved
At last my favorite coin Football main target is achieved. It has broken all its main supports including Symmetrical Triangle after bounce back from 990 and lastly its main support of 565. Now its moving within range of 500 - 550 and If it did not hold 500 then it will go more down to 350 - 400.
Now there are chances that it can go up and retest 650 - 680 again and after that it will go down otherwise It can go down without any retracement as well. Right now 565 is its main resistance for further upload but if we see the over all market scenario then its showing clearly downward movement. At the moment we need to see its last support of 525 very closely and if it breaks then we will see new low very soon.
In long time frame still its looking bearish to me and hoping for another new low but remember its movement is very fast either on upside or downside.
There could be volatility in coming days because of the end of the year and some important news as well.
From day one our main target was 500 which has been achieved and you can see my old charts where I have mentioned our main target.
Old Chart
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Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
Now there are chances that it can go up and retest 650 - 680 again and after that it will go down otherwise It can go down without any retracement as well. Right now 565 is its main resistance for further upload but if we see the over all market scenario then its showing clearly downward movement. At the moment we need to see its last support of 525 very closely and if it breaks then we will see new low very soon.
In long time frame still its looking bearish to me and hoping for another new low but remember its movement is very fast either on upside or downside.
There could be volatility in coming days because of the end of the year and some important news as well.
From day one our main target was 500 which has been achieved and you can see my old charts where I have mentioned our main target.
Old Chart
------------
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
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.
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.