Feathercoin is a highly voltaile coin which has been trading in this steep ascending channel.
It could potentially bounce up to top of the channel.
I have entered a small position at 2350 and am looking to sell around 2600.
Best of luck out there!
It could potentially bounce up to top of the channel.
I have entered a small position at 2350 and am looking to sell around 2600.
Best of luck out there!
Kommentera:
Forgot to mention in last comment - the price I cashed out was 2540
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Things aren't looking to hot for FTC - may spike downwards
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4 Hour Timeframe:
This next candle could potentially be a Dark Cloud Cover Pattern or a Bearish Engulfing Candlestick. Be careful!
This next candle could potentially be a Dark Cloud Cover Pattern or a Bearish Engulfing Candlestick. Be careful!
Kommentera:
Dark Cloud Cover Candlestick Pattern CONFIRMED!
I'm expecting some downside until I see a bullish reversal candlestick pattern.
I'm expecting some downside until I see a bullish reversal candlestick pattern.
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Here's what I see on the 30 minute time frame.
Feathercoin is currently trading in an equilibrium pattern.
If it can break 2350 sats, then expect a test of 2550 sats price level.
If it falls below 2200, then expect more downside.
Feathercoin is currently trading in an equilibrium pattern.
If it can break 2350 sats, then expect a test of 2550 sats price level.
If it falls below 2200, then expect more downside.
Kommentera:
Excuse me, that last chart was the 15 minute chart - sorry about the typo.
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Actually, I believe I drew that resistance level wrong - it should be at 2372
Currently trading between 2200 - 2372 range.
Currently trading between 2200 - 2372 range.
Kommentera:
Feathercoin was able to test 2550 and was rejected. Profits locked in :)
TRADE CLOSED
TRADE CLOSED
TRADE CLOSED