NeshamaTrading
Long

FCT update.

POLONIEX:FCTBTC   None
1644 views
34
FCT is making higher highs and lower lows, also the structure is being respected and i impulse up is expected.
Comment: A quick look at FCT...We are just below the inititial entry. Looking at the previous price movement at the recent low, shows us potential upside. Lets be a bit patient as the market was experiencing a sell off but overall FCT held up fairly well sonsidering that some alts dropped as much as 32%.

Comments

Bro, I don't think technical analysis works well in these illiquid markets.
+1 Reply
RyanGrinds TanayUK
@TanayUK, FCT is still overall bearish that's why this trade didn't work out so well
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TanayUK RyanGrinds
@RyanGrinds, the reasoning always comes in hindsight. If FCT had gone up and the trade worked, we would have given a different reason. My point is, it's extremely difficult to trade these markets unless you're just buying and holding for the long term.
Reply
RyanGrinds TanayUK
@TanayUK, it's not hard if you know how bro... ;)
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TanayUK RyanGrinds
@RyanGrinds, fair enough bro :) if you can tell me you've been consistently profitable using these strategies (technical/fundamental) for over 2 years, then respect, you know something I don't :)
Reply
RyanGrinds TanayUK
@TanayUK, only been in the game for about 6 months and yes profitable :) ....I been bang on for most of my trades not ALL obviously lol..you can check my profile and see my ideas... ;) You might as well follow as well while you are at it tho lol. My mentor who has made 7 figures and in the game for over 4+ years has taught me bro...if it wasn't for him I wouldn't of learned so quick and he is an
OG in the game so i gotta give credit ya know
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Drama, it's time cut losses or you hold?
+1 Reply
zuiddam DarekJasica
@DarekJasica, buy on 38.20 % fib
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A quick look at FCT...We are just below the inititial entry. Looking at the previous price movement at the recent low, shows us potential upside. Lets be a bit patient as the market was experiencing a sell off but overall FCT held up fairly well sonsidering that some alts dropped as much as 32%.

Reply
sebr1ng NeshamaTrading
@NeshamaTrading, hope you, right, I'm deep in the reds
Reply
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