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SuhaibM
Sep 5, 2020 6:38 PM

FTMBTC analysis 

Fantom / BitcoinBinance

Description

Buy 3 and moon signal say we can buy. Here is my analysis:

1. We can buy when risk/reward ratio is greater than 2, we can buy at 2satoshi
2. We can buy at support = 1.31satoshi
3. We can buy when resistance turns to support (1D open & close above resistance) = 4satoshi

Since there is an existing sell2 signal, either sell 3 or hell signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.

Note that chart is above the McGinley Dynamic line, so we must be careful when buying.
Comments
Sennynunez
Hello, how are you? how can I get those technical signals? thank you.
CryptoEngineering
we can buy at 200 satoshi not 2 satoshi !

100,000,000 satoshi = 1 bitcoin
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