BITTREX:FCTUSD   Factom / US Dollar (calculated by TradingView)
A rather large engulfing bearish candle, falling RSI - don't know what's going on here.
Trade closed: target reached: If we're not at the bottom already we soon will be. Good moment to start dollar cost averaging in. Could go to $4, but timing is a fools game. Already bullish divergence is showing between volume and price.

Trade closed: target reached: Boom $4, the end station. Tightening Bollinger bands indicating a big move is ahead, which direction? That's the question. However, Stochastic RSI including the weekly is on the floor, RSI on the 1-day continues to show resistance on indicated downtrend but as you can see it has less and less space to hide. I'm closing this short for sure.

My time is spent studying so you don't have to. Is that of value to you? Then help me keep it of value to me;)

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