Long

Feathercoin Pattern

Updated

Feathercoin has consistently been making large percentage gains.

It has been following a pattern of consolidation, breaking key resistance levels, finding a new ATH, and repeating all over again!

I've noticed this pattern and wanted to share it with you all.

I will enter at a break of 3k.

Good luck and happy trading everyone!

DISCLAIMER:
Follow this advice at your own risk.

Note

Resistance has broke; however, I'm a little cautious because the consolidation was so short.

The daily time frame is ending soon and this day's candle was a follow-through of the daily candle equilibrium break.

I'm steering clear until daily candle forms a new low. Better to be safe than sorry.

Note

Potential Dark Cloud Cover Formation

Note

This is the daily chart that I'm seeing.

Note

Guess I was wrong LOL that FUD op!

O well hope some people followed the original plan and got some gains :)

I'll be waiting for the next consolidation trend

FatMoneyBagz

Also on:

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.