Fantom / TetherUSShort
-35% crash on Fantom.
Aktualisiert
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
Trade ist aktiv
Stoploss at all time highs. price 3.6Anmerkung
upcoming resistanceTrade ist aktiv
If btc continues with the correction. We may have momentum to break the trendline.Trade ist aktiv
Can resistance trendline turn into support ? Well first lets shift stop loss to breakeven and just wait and seeTrade ist aktiv
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.Trade ist aktiv
Bears continue showing their strength.Trade geschlossen: Ziel wurde erreicht
ending my overall ftm short
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