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Cryptogrande
Jan 2, 2021 3:56 AM

FRONT FRONTBUSD, 6H, bottoming out Long

Description

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
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