FRONT FRONTBUSD, 6H, bottoming out
Updated
FRONT cryptocurrency is exiting from the accumulation zone, you can spot bullish divergencies on several indicators but MACD data is my favorite there. MACD looks very strong. I won't be surprised when we see a quite sharp rise in the price there. The main issue for now is a lack of volume, though.
So, it's a great trade from the R/R (>3) point of view
So, it's a great trade from the R/R (>3) point of view
Trade active
FRONT - got that perfect retest and a chance for the entry, now this cryptocurrency is trading 12-15% higher. The indicators look great. The way to my target is clear
Note
FRONT everything goes under the plan, +20% at the moment
Trade closed: target reached
+48%
This cryptocurrency missed my target by <2% so I've closed it manually. For now, I'm a buyer in the 0.35-36 zone but SL is very tight.
Please, manage your risk accordingly if you're willing to take this trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.