FTCBTC trade ideas
Feathercoin (FTC) Good Buy, A Relic (520% Profits potential)This is one of the oldest coins. Feathercoin (FTC) is a true relic in the cryptocurrency markets. Let’s see what we can do about it.
The charts are looking good for us, but some fundamentals first:
- What seems to be the lead developer of Feathercoin (FTC) is just getting back to work on this project. “News, run, we are about to make lots of money, somebody posted something on Twitter!!!”.
- Feathercoin is releasing a new client, an update to its current codes.
- Feathercoin is using Bitcoins codes and will activate Segregated Witness, which will allow for new tools to be implemented.
- Rank#192 on Coinmarketcap at the time of this writing.
- It was released around April of 2013. Added to Bittrex on February 2014.
Feathercoin (FTC) Technical Analysis and Trade Instructions
*** Trade instructions
Buy-in: 0.00002900 – 0.00003900
Stop-loss: 0.00002479
Targets:
(1) 0.00004926
(2) 0.00007510
(3) 0.00011600
(4) 0.00014650
Notes: All time high reached on April 25, 2016 @ 0.00018499.
*** Indicators
- FTC broke-out back in October 2017 and has been on an uptrend since.
- The daily chart shows that FTC is trading on an ascending channel.
- The indicators on the daily chart are showing bullish signals and plenty of room for growth.
- This coin volume is also low, which allows for more room for growth.
- The weekly chart is very clear, we are positive for long.
- The MACD just crossed over on the weekly chart and it is in the bullish zone.
*** Message of the day
I am sharing my energy with the world today.
I am open to giving and receiving, that’s why I pray.
I am open to share a portion of my heart here with you.
I would like to show you my essence, all you need to know, is believe that this is true.
I would like show myself, in a form that you have never seen before.
You can choose to see me. You need to use your love and trust.
Finally we get to meet each other for another day.
This is just a short message, just to let you know that I am here to stay.
To stay in this world until all of my dreams and goals are met.
Until you can accomplish yours.
Until we can all be together again.
Namaste.
FTC is changing direction and looking good - FTC had some good days in the past and this coin helped me get through some red days. We have seen it change direction yesterday and looks like it is going to change direction again tonight. I think it is going to go back up and we should enjoy some nice % of profit from it.
My 1st target is 3950 - but to be honest I think it will do a lot more. After that i am aiming for 4500 and then 5800.
I have added a stop loss at 2600.
Hope this will come true - don't invest what you can't lose, buy low and sell high and the most important thing is - Nobody knows whats going to happen and most of us (including me) don't really know what they are doing. it's all just ideas and trading analysis that can go both ways so again - don't place all your eggs in one basket and never take a risk that you can handle.
FTCBTCFeather coin was wild back in times - check the weekly chart! Market cap is rising (check coinmarketcap.com under Tools - Global Charts and zoom in 2017). Let's hope that FTC will get part of this and set up a simple idea. We can draw (not so nice) triangle on this chart and start from there.
Wait for break above 0.000027 with first target at long term resistance at 0.000038. Other targets: 0.00007, 0.0001 and 0.000135.
Stop loss: I'd go with bellow 0.00002.
(I'll provide weekly screenshot, since it becomes really messy when I try to put everything on one chart :)
Feathercoin New ATH, Now What?Feathercoin has recently hit a new All Time High; however, failed to break the previous resistance at 3800. (Check daily time frame previous highs and you'll be able to see what I'm talking about)
It has currently found some support at the 2500 satoshi level and needs to hold this or it may test the 2200 satoshi level. I fully expect consolidation for the next few days.
If you're still holding then I recommend you keep holding until there are exit signals because it looks to be bouncing.
EXIT SIGNALS:
Break of 2500 level = You could sell; however, there's still support at the 2200 level so I would hold. All up to you if you want to try to re-enter for lower price.
Break of 2200 level = BIG SELL SIGNAL. If you're caught holding bags after the 2200 level you could be left with a huge downtrend
ENTRY SIGNAL:
Bounce of 2200 level with decent volume behind it = This will show that the 2200 support level is strong and will be a precursor to a test of 2500/3000/3800 satoshi price levels.
Break of 3800 level = This is my personal entry signal. I will not be looking to trade Feathercoin until it can break previous high/resistance of 3800.
DISCLAIMER:
This is just my speculation. Take this advice at your own risk. Also feel free to leave any questions/comments/concerns. I'll try my best to answer all of them to the best of my ability. Good luck and happy trading everyone! :)
Feathercoin PatternFeathercoin 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.
FTCBTCFTC is accumulating and this may take some time. But when ready and will close above 0.00002, I would go long somewhere above 0.000025 and aim for marked targets. Reasonable targets to me are 0.000026 and 0.000029. 0.000033 could be too high and FCT can recieve the same fate as Icarus too near the sun;)
FTCBTC Rocketship Asymmetric TradeSeems to like explosive cycles. Look at fibonacci retracement for an interesting albeit common correlation.
Cycle seems to last a few months, so this is a long term setup, but as you can see, previous spikes have seen over 10x gains. I think we can almost be guaranteed to see 3x and very likely for 5x.