-35% crash on Fantom.
تم تحديثه
Here are some bearish factors?
1).We had a pi cycle top on 26 October.
2).We have continually failed to break the linear regression trendline despite bitcoin breaking its 64k resistance.
3). It has rallied 232.37% in 34 days.
Conclusion:
The risk of a Potential upside rally while highly likely vs a potential short term wash of leverage by bearish price action.
I choose the bears for they have best t.a. Price target of 1.9 about -35%.
Trade responsibly and follow me on my twitter
1).We had a pi cycle top on 26 October.
2).We have continually failed to break the linear regression trendline despite bitcoin breaking its 64k resistance.
3). It has rallied 232.37% in 34 days.
Conclusion:
The risk of a Potential upside rally while highly likely vs a potential short term wash of leverage by bearish price action.
I choose the bears for they have best t.a. Price target of 1.9 about -35%.
Trade responsibly and follow me on my twitter
تم فتح الصفقة
Stoploss at all time highs. price 3.6ملاحظة
upcoming resistanceتم فتح الصفقة
If btc continues with the correction. We may have momentum to break the trendline.تم فتح الصفقة
Can resistance trendline turn into support ? Well first lets shift stop loss to breakeven and just wait and seeتم فتح الصفقة
Its a beautiful sight when we get majority of moving averages flash sell. only the 200 moving average remains as the bulls last stand defense.تم فتح الصفقة
Bears continue showing their strength.أغلقت الصفقة: تم الوصول للهدف
ending my overall ftm short
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