FTT - Long position - High Risk
Updated
On this chart we can see the massive drop from FFTUSD as we all know FTX is in big trouble. So this trading setup is a really high risk setup.
If we ignore the fundamentals, the indicators are showing that the price will go up. The indicators we used are the Bollinger Bands, RSI and stochastic. They´re all suggesting the price is oversold. So hopefully the price will have it´s last convulsion before it continues to go down.
All further details are shown on the chart.
If we ignore the fundamentals, the indicators are showing that the price will go up. The indicators we used are the Bollinger Bands, RSI and stochastic. They´re all suggesting the price is oversold. So hopefully the price will have it´s last convulsion before it continues to go down.
All further details are shown on the chart.
Trade closed: stop reached
high risk trade and stop loss hit. this coin will go to 0.
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