Long

FTM: Short-term, Looking strong (Stop-Limit set to secure gains)

Updated

Setting stop-limit as indicated by the red arrow to protect the 30%+ profits gained so far: using the Fast AEONDRIFT script on the 1hr chart to determine suitable stop-loss values for the next few hours.

The RSI/Stochs as well as the PRISM oscillators looking bullish on the short term (for now). Looks like FTM may still have a bit of gas left to continue higher still (with proper risk management setup of course, in case it dumps) after retesting the 15 ema line.

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My indicators used:

Stop-Limit Selector {Powered by Fast AEONDRIFT Bands}

Relative Strength Index (RSI) + Stochastic RSI

PRISM {PSAR+RSI/STOCH/MAJ Oscillator Set}

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Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.

Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.

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Please check out my other indicators sets and series, e.g.

LIVIDITIUM (dynamic levels),
AEONDRIFT (standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
PRISM (PSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
and more to come.

Constructive feedback and suggestions are welcome.

If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano

~JuniAiko
(=^~^=)v~

Note

FTM facing strong resistance now.
Updated stop at 0.00000184 and sell at 0.00000189 BTC, using the Fast AEONDRIFT band {stdev-based} stop-limit selector.

Trade closed: stop reached

Just got stopped out of my FTM trade. Not a bad %profit @ 32.3% with my minuscule practice-trading pool.

Think momentum and volume is too weak now, and its going down down down.

Note

Just realised been looking at Bitrex chart accidentally! Switched to Binance chart, saying the same thing. Expecting price to come back down to 0.00000193 or even 0.00000185 BTC

Note

Reached 0.00000185 BTC target. Momentum still looking weak.
Expecting it to go further down to 0.00000169 BTC to fully reset PRISM's pSAR-based RSI...

..Before *perhaps* rebounding back above the bullish ichicloud ahead (to be reassessed).

Note

cybernetwork

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