#Accumulation_Recomendation
Pair : #FTM / #BTC
Exchange : #Binance
RSI : 51
Note :#FTM is showing a good progress after a big downward move on the aftermath of Binance's listing. Currently in a good position for a breakout if volume continue to be moving as it is now. MACD and RSI bullish even though RSI is in an over bought area which might see some retrace because of demand and supply chemistry of traders. EMA also looking very bullish. The bullish engulfing candle stick need to stay as it is to see a good breakout.
Accumulation Area : 312 sats - 324 sats
Distribution Area
Short Term:
Target 1 : 332 sats
Target 2 : 349 sats
Target 3 : 365 sats
Target 4 : 379 sats
Target 5 : 392 sats
Mid Term:
Target 6 : 418 sats
Target 7 : 456 sats
Target 8 : 504 sats
Stop Loss : 285 sats
Risk : High
Capital Accumulation : 4%
Pair : #FTM / #BTC
Exchange : #Binance
RSI : 51
Note :#FTM is showing a good progress after a big downward move on the aftermath of Binance's listing. Currently in a good position for a breakout if volume continue to be moving as it is now. MACD and RSI bullish even though RSI is in an over bought area which might see some retrace because of demand and supply chemistry of traders. EMA also looking very bullish. The bullish engulfing candle stick need to stay as it is to see a good breakout.
Accumulation Area : 312 sats - 324 sats
Distribution Area
Short Term:
Target 1 : 332 sats
Target 2 : 349 sats
Target 3 : 365 sats
Target 4 : 379 sats
Target 5 : 392 sats
Mid Term:
Target 6 : 418 sats
Target 7 : 456 sats
Target 8 : 504 sats
Stop Loss : 285 sats
Risk : High
Capital Accumulation : 4%
