Hello Dear traders.
Still early days for $FTT but @SBF_Alameda and his gang on top of the Bitmex leaderboard, are doing a great job with the FTX exchange and the creative usecases for their token.
You can see:
- it just reclaimed a support and it's holding the btc impulse decently.
- Price is squeezed within a C.Fork, showing a changement in the market. A C.Fork allow a trader to identify when price switches from downtrend, to a flat activity. The breakout of the C.FORK trendline is usually a bullish trigger, price switching from flat to bullish .
- We have gotten an S/R flip with a Higher High on the H4. Decent place to manage risk.
Any breakout above the C.Fork and the 1.38 zone, and:
1. We could move up to the 1.60 zone pretty fast.
2. If 1.60 is broken on a daily close, we can expect to reach the next zone at 1.92.
For free and live btc and alts updates, follow us on twitter by clicking here.
Happy trading.
Still early days for $FTT but @SBF_Alameda and his gang on top of the Bitmex leaderboard, are doing a great job with the FTX exchange and the creative usecases for their token.
You can see:
- it just reclaimed a support and it's holding the btc impulse decently.
- Price is squeezed within a C.Fork, showing a changement in the market. A C.Fork allow a trader to identify when price switches from downtrend, to a flat activity. The breakout of the C.FORK trendline is usually a bullish trigger, price switching from flat to bullish .
- We have gotten an S/R flip with a Higher High on the H4. Decent place to manage risk.
Any breakout above the C.Fork and the 1.38 zone, and:
1. We could move up to the 1.60 zone pretty fast.
2. If 1.60 is broken on a daily close, we can expect to reach the next zone at 1.92.
For free and live btc and alts updates, follow us on twitter by clicking here.
Happy trading.