The blockchain division purpose is to develop, operate and manage the Company's previously announced bitcoin mining farm in the United States and Paraguay and to coordinate its announced Dubai-based digital currency trading service and crypto asset management. My price target is the 3.15 resistance.
Pupm&Dump trading strategy idea. $FTFT is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $2,97; stop-loss — $3,14; take-profit — $2,62/MOC Do not view this idea as a recommendation for trading or investing. It is...
Decided today to take my losses on this as the daily chart is looking somewhat bearish. First the 50 sma line just went below the 200 sma line, which indicates a downtrend, and second the MACD looks to be closing green ready to turn red. This one is one that i got in based on hype and did not do my DD at first. The company seems okay but for me it is just not...
RSI is the lowest it has been in months. It should come back up. Watch for rejection or breakout of RED trend line. If it bounces off we could encounter more downward pressure. I would like to see it break above and close some 1H candles to confirm upward direction.
Not financial advice. Everything detailed on chart. 2 different directions it can currently take but I'm leaning more it come to 4.50-5ish level then 2x from there. But also can retest the 4.00 and 3.00 range as well. Risk to reward seems greater to me as I see it can go higher than really lower again. You be the judge. Getting more skin in the crypto mining...
Future FinTech Group Inc., through its subsidiaries, operates a real-name block chain e-commerce platform that integrates block chain and internet technology in People's Republic of China. It operates through CCM Shopping Mall Membership, Sales of Goods, and Others segments. The company offers Chain Cloud Mall (CCM), an enterprise customer interactive and...
Be cautious with FTFT - it is at a very strong support line. If it holds as before and breaks YELLOW resistance line, could PUMP very nice (as before). Watch and wait for movement signal
Inflection point coming wherer the lines of the highs and lows meet. Added to my list and alerts set. Cheers! Trade safe, get clean charts. See my profile for more
Saw FTFT in a news article where they had purchased 20,000 antminer bitcoin mining machines. The Company intends to increase there exposure in the crypto sector, and with bitcoin moving up this should provide the company with cash as bitcoin moves higher. Daily chart looks pretty good considering the market conditions we are in. It is trading right at the 50 sma...
I see your bullish breakout, and I raise you bullish divergence.
Been watching the last leg of the W pattern on this stock. It's another that I accumulate low and sell calls to buy back lower on the dips. This has supportive MACD still and other indicators holding strong for the last leg of the W to complete.
options trading for buy call long call future fintech to go long w formation from 5$ strike zone
Future fintech if it can push through that trendline has massive breakout potential to approx 13$. From here we have a good entry point and area of value. Set the stops and enjoy a stress free high trade. Or play it even safer and wait for a break and retest of the trend line, this is a more conservative option as it could very well just pingpong off that...