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without_worries
Oct 16, 2020 3:46 PM

Fusion (FSN) / USD/BTC Long

Fusion / Tether USDHTX

Description

The 2-day chart for the above project just printed a Dragonfly DOJI following an oversold period with Stochastic RSI crossing up 20. In fact RSI, the Money Flow index, & Stochastic RSI were all oversold prior to the Dragonfly DOJI formation, a significant move to the upside should now be expected in the near term.

As risk / reward goes, it does not get any prettier than this.

A similar story can be observed on the BTC pair - bullish signs for a token across multiple pairs is very encouraging.



Lastly the 10-day USD chart

Although a new 10-day candle is not printed until tomorrow we can see significant momentum is forecast with price action finding support on previous resistance back in October 2019.

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Comments
VincePrince
I would say the DOJI has established without worries, great view, thank you.
without_worries
@VincePrince, Thanks - I love those signals when they appear.
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