Long
FCT/BTC Symmetrical Trianlge, Trade entry and exit.
I see a symmetrical triangle forming on the 4h, usually consolidation patterns for me are the best ones to buy when there is a trend forming in a bullish coin.
Coin: Factom
Entry: 0.0035 - 0.00435
Target: 0.008 - 0.012 (100% profit) Anywhere above use stop loss.
Stop: 0.00315 - 0.0031
Because the whole market is resuming bullish i expect this trend to hold, if not the stop loss will cut it short. I also expect the upward movement to increase in the long term so hodling is a option to.
Coin: Factom
Entry: 0.0035 - 0.00435
Target: 0.008 - 0.012 (100% profit) Anywhere above use stop loss.
Stop: 0.00315 - 0.0031
Because the whole market is resuming bullish i expect this trend to hold, if not the stop loss will cut it short. I also expect the upward movement to increase in the long term so hodling is a option to.
Note
Got stopped on the whipsaw D:Trade closed: stop reached
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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.