FSNUSDT trade ideas
FSN/USDT Bullish Divergence!FSN/USDT on 1D chart broke out from descending channel and retested it. RSI shows bullish divergenec and trade volume has been steadily growing for the past few months.
Targets: $0.28, $0.31, $0.35, $0.42
Remeber to set SL.
Let me guys know what do you think about this idea?
Fusion (FSN) / USD/BTCThe 2-day chart for the above project just printed a Dragonfly DOJI following an oversold period with Stochastic RSI crossing up 20. In fact RSI, the Money Flow index, & Stochastic RSI were all oversold prior to the Dragonfly DOJI formation, a significant move to the upside should now be expected in the near term.
As risk / reward goes, it does not get any prettier than this.
A similar story can be observed on the BTC pair - bullish signs for a token across multiple pairs is very encouraging.
Lastly the 10-day USD chart
Although a new 10-day candle is not printed until tomorrow we can see significant momentum is forecast with price action finding support on previous resistance back in October 2019.
FUSION IS ABOUT TO BURSTFusion has been gaining a lot of volume lately and is about to explode. Easy 50 % on the first jump
Green is BUY
Orange is Resistance/Support
Red is SELL
