FET/BTC
-the upside push is definitely high but approaching strong key resistance area at 540 sat
-I do not recommend to buy the area current price level
-wait for a pullback at key areas or a consolidation above the resistance zone
-do not catch the price because the risk-reward ratio is no longer in your favor
-plus there is no logical cut point to place a stop loss on a strong single candlestick
-the upside push is definitely high but approaching strong key resistance area at 540 sat
-I do not recommend to buy the area current price level
-wait for a pullback at key areas or a consolidation above the resistance zone
-do not catch the price because the risk-reward ratio is no longer in your favor
-plus there is no logical cut point to place a stop loss on a strong single candlestick
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.