FTMBTC is at ATL levels on binance. Last two days volumes are higest of 3 months. And RSI is at 26 levels daily which is oversold.
After daily 50MA crossed over daily 100MA it seems like 50MA is testing 100MA as a support. If it holds as a support, a reversal is imminent.
It is not logical to draw fib. retracement here because we are at ATL and we dont know if the price will see two digits or not.
High volume at this price levels shows that this coin is changing hands from weak to strong. If this argument is true for this case seeing higher levels like 130-150 sats in a week is a must
0.00000100 is a pyscological price to hold and we will put our stoploss right under it .
Good Luck and have lucky trades. Thanks for stopping by and reading
After daily 50MA crossed over daily 100MA it seems like 50MA is testing 100MA as a support. If it holds as a support, a reversal is imminent.
It is not logical to draw fib. retracement here because we are at ATL and we dont know if the price will see two digits or not.
High volume at this price levels shows that this coin is changing hands from weak to strong. If this argument is true for this case seeing higher levels like 130-150 sats in a week is a must
0.00000100 is a pyscological price to hold and we will put our stoploss right under it .
Good Luck and have lucky trades. Thanks for stopping by and reading