Whats up everyone,
Just wanted to share a quick idea here with FTTUSD.
The coin just bounced from the 200MA and 75% Fib level, it is also showing a bulish hidden divergence which is a bulish pattern, overall the coin is making consistent higher highs and i think this a good dip to fill the bags with a good risk reward of 1/3.
This is also a native coin for FTX which is at the time of writing in the top 5 exchanges in trading volume according to coinmarketcap.
Let me know your thoughts on this
Cheers!!!!
Just wanted to share a quick idea here with FTTUSD.
The coin just bounced from the 200MA and 75% Fib level, it is also showing a bulish hidden divergence which is a bulish pattern, overall the coin is making consistent higher highs and i think this a good dip to fill the bags with a good risk reward of 1/3.
This is also a native coin for FTX which is at the time of writing in the top 5 exchanges in trading volume according to coinmarketcap.
Let me know your thoughts on this
Cheers!!!!
Comment:
Yess, trade is moving as expected, maybe book some profits or move the SL to just below the 50%fib level to a risk free guaranteed some profits trade