FCTBTC
Updated
FCT looking ready to pump. It has bottomed out on my Daily fib and looks like its made a nice impulse move up on the 1hr and 4hr, that means I look for signs in that move upward in order to accurately place our 1hr fib. Looks to me that most of the conditions i like have been met, so Im looking to get in on this 1hr fib. My plan is get in at the green (25% line) and take profits at the first golden line (50%) and then get out of 90% of the trade at the 100% (golden line), holding only 10% in case it blows up. FCT COULD MAKE ONE MORE MOVE DOWN, in my opinion, so watch for that and then just move your fib leg down and enter positions accordingly. NOT FINANCIAL ADVICE, TRADE SAFE.
Note
We would have gotten stopped out of this one, twice. Looks like them boys did a lower low play on us and then brought this fib back to life, I'm not confident it'll hold, but this is just the 1hr, Daily fib still well in play as its still hovering around the 200% line, still not the worst place to get long.
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