The chart look easy to read and kind of predictable..
I jumped in this coin because of FTX promotion
If u stake 25 FTT u get free transfer + other benefits (maker fee discount etc.)
(so many people bought it the same way as I did :PI believe)
.
but when u stake any coin when the market down
u get caught up n stuck there (I dont like it)
So ya better find a good entry (like now)
.
and for me I decided to unstake it and
will see the resistance and target as above chart
.
Trade safe, Always place ur stop loss <3
Feel free to feedback & comment. Life is learning
I jumped in this coin because of FTX promotion
If u stake 25 FTT u get free transfer + other benefits (maker fee discount etc.)
(so many people bought it the same way as I did :PI believe)
.
but when u stake any coin when the market down
u get caught up n stuck there (I dont like it)
So ya better find a good entry (like now)
.
and for me I decided to unstake it and
will see the resistance and target as above chart
.
Trade safe, Always place ur stop loss <3
Feel free to feedback & comment. Life is learning
Note
Ok, i forgot to draw another support in case the BTC down to 44-40KNext support would be 27
Note
and another strong support 22Note
I'd like to add another heavy supply to 51$Note
Trend line broke already.. Next support = 21$ it follows BTC
but if BTC rise up then there's possibility that it will get back the trend line and a fault break down.
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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.