Cryptogrande

FRONT FRONTBUSD, 6H, bottoming out

Long
BINANCE:FRONTBUSD   FRONT / BUSD
FRONT cryptocurrency is exiting from the accumulation zone, you can spot bullish divergencies on several indicators but MACD data is my favorite there. MACD looks very strong. I won't be surprised when we see a quite sharp rise in the price there. The main issue for now is a lack of volume , though.
So, it's a great trade from the R/R (>3) point of view
Trade active: FRONT - got that perfect retest and a chance for the entry, now this cryptocurrency is trading 12-15% higher. The indicators look great. The way to my target is clear
Comment:
FRONT everything goes under the plan, +20% at the moment
Trade closed: target reached:
+48%
This cryptocurrency missed my target by <2% so I've closed it manually. For now, I'm a buyer in the 0.35-36 zone but SL is very tight.
Please, manage your risk accordingly if you're willing to take this trade

Comments

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