Long
FTM/BreakOUT/Buy Long

~ After a downward bias of this coin this holds at the support of 1.5965
~ RSI shows an upward bias from an oversold area and MACD also agree with a high buying volume in 1hr tf
~ If this go into next resistance level at 1.8954 this can be corrected on its previous support and will form a head & shoulder pattern
~ When this coin establishes head and shoulder pattern we can go into shorting once 1.8954 price resistance level was corrected
~ RSI shows an upward bias from an oversold area and MACD also agree with a high buying volume in 1hr tf
~ If this go into next resistance level at 1.8954 this can be corrected on its previous support and will form a head & shoulder pattern
~ When this coin establishes head and shoulder pattern we can go into shorting once 1.8954 price resistance level was corrected
Order cancelled
Apologize for this, The breakout wasn't confirmed and already corrected on 1.71 price levelThis can potentially support at 1.4654 and if this price level breaks the next support will be it's previous support at 1.3
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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.
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.