FRONT - t's worth considering entering a trade on the 1h
Dear my friends,
I took a stroll through the market and searched for some altcoins in smaller time frames, and I found one with a very nice chart. It's FRONT! This coin has experienced a significant price surge and then underwent a steep sell-off at a much faster pace than its ascent. However, looking at the 1-hour chart now, we are in a very promising position. The price is entering the apex of a triangle, preceded by a volume breakout. It's hard to overlook such a beautiful chart pattern. However, since I personally don't favor Futu, I won't enter a trade here. I'll take profit at the two marked regions. I've also observed this confluence on the 4-hour timeframe. Hopefully, my insights will be useful to you all.
Best Regards,
I took a stroll through the market and searched for some altcoins in smaller time frames, and I found one with a very nice chart. It's FRONT! This coin has experienced a significant price surge and then underwent a steep sell-off at a much faster pace than its ascent. However, looking at the 1-hour chart now, we are in a very promising position. The price is entering the apex of a triangle, preceded by a volume breakout. It's hard to overlook such a beautiful chart pattern. However, since I personally don't favor Futu, I won't enter a trade here. I'll take profit at the two marked regions. I've also observed this confluence on the 4-hour timeframe. Hopefully, my insights will be useful to you all.
Best Regards,