#Accumulatio_Recommendation
Pair : #FET / #BTC
Trading Platform : #Binance
RSI : 43
TA Notes :
- MACD : Looking bullish on the daily chart.
- RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time.
EMA : On the way to go below the price and if it can manage to be below the price it will be a good indication.
- Volume : Already boosted by the past 4 hours showing a good momentum currently.
- Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently and currently forming a bullish engulfing candle stick.
#Accumulation_Zone : 405 sats - 435 sats
Distribution_Zone: 950 sats - 1020 sats
Target 1 : 1350 sats
Target 2 : 1689 sats
Target 3 : 1876 sats
Target 4 : 2195 sats
Target 5 : 2411 sats
Mid Term Targets
Target 6 : 2600 sats
Target 7 : 3008 sats
Target 8 : 3588 sats+
STOPLOSS : Close below 875 sats
Risk : High
Capital Accumulation : 3%
@cryptotalk_et
Pair : #FET / #BTC
Trading Platform : #Binance
RSI : 43
TA Notes :
- MACD : Looking bullish on the daily chart.
- RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time.
EMA : On the way to go below the price and if it can manage to be below the price it will be a good indication.
- Volume : Already boosted by the past 4 hours showing a good momentum currently.
- Candle Stick formation also looks bullish and will be a confirmation if it closes above the falling wedge as it is trading currently and currently forming a bullish engulfing candle stick.
#Accumulation_Zone : 405 sats - 435 sats
Distribution_Zone: 950 sats - 1020 sats
Target 1 : 1350 sats
Target 2 : 1689 sats
Target 3 : 1876 sats
Target 4 : 2195 sats
Target 5 : 2411 sats
Mid Term Targets
Target 6 : 2600 sats
Target 7 : 3008 sats
Target 8 : 3588 sats+
STOPLOSS : Close below 875 sats
Risk : High
Capital Accumulation : 3%
@cryptotalk_et
