$FORTH/#BTC [#Ampleforth Governance Token]: Resistance_Breakout

Updated
◳◱ Hey traders, we've identified bullish signals on the FORTH / BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0002117 | 0.00025 | 0.0003161 and the major support zones are at 0.0001456 | 0.0001178 | 0.0000517. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.

◰◲ Technical Metrics:
▣ Current price: 0.0001799 ₿
▣ 24H Volume: 11.970 ₿
▣ 24H Price change: 3.569%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.0002117 | 0.00025 | 0.0003161
◢ Support: 0.0001456 | 0.0001178 | 0.0000517

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY

◰◲ Technical Indicators Summary: NEUTRAL

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.66 - Bullish

▣ In-depth FORTHBTC technical analysis on Tradingview TA page

snapshot

▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

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Trade active
Binance
#FORTH/BTC Take-Profit target 1 ✅
Profit: 3.0017% 📈
Period: 2 Days 4 Hours 27 Minutes ⏰
Trade active
Binance
#FORTH/BTC Take-Profit target 4 ✅
Profit: 7.0039% 📈
Period: 2 Days 20 Hours 22 Minutes ⏰
Trade closed: target reached
Binance
#FORTH/BTC All take-profit targets achieved 😎
Profit: 8.6048% 📈
Period: 3 Days 5 Hours 49 Minutes ⏰
Chart PatternscryptocurrenciescryptotradingFORTHFORTHBTCforthbtclongTechnical Indicatorstechnical_analysistradingsignalsTrend Analysis

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