FTM is now sitting above the 50 EMA after a slowly recovery grind.
It is facing cloud resistance and once it makes it's way out it would hit the next few targets (70/90).
If it retraces under 50 sats and closes the daily that way, then the trend would now be consider bearish and it should be a signal to fly the coop and look for other setups.
What'd you all think ?
MATIC is currently facing cloud resistance. After a few days of market volatility it was able to find support and close the last 3 days above the 50MA. It has also being achieving a higher low signaling an uptrend. If it falls under the 50MA and closes under 203, then the trend has reversed and we are now bearish. On the other hand, if the uptrend continues, it...
Taking a look at the 1D chart. You can see how FTT has been going through a period of accumulation (since around May 20th). Price relatively playing on the same range, with the last few days closing green, which it could be an indication that the trend has finally change and a move upwards is incoming. A daily closing under 2985 will invalidate the trade and will...
Taking a look at RVN and it looks like its getting ready for a move. Based on it's recent movements, this trade will be invalid if the daily closes under 206. Short term targets are listed within the chart. What'd you guys think?
TNT has been going through a long period of accumulation.
It has been playing the same level for a while turning it into support.
If it breaks and closes above 385, then the uptrend has been confirm and this will take us to higher levels.
A daily close under 360 will invalidate this. If this happens, I would stay put and wait for better entry or another setup...
