Hello everyone, this is our view on BINANCE:FTTBTC, enjoy!
Analysis: Recently listed on Binance, so only small timeframes count this term. Huge volume spike, someone has interests on this. Trying it's way up an ascending wedge, we'll certainly breakdown in a while. Uptrend seems to have already started, we believe you should buy the dip following this pattern, supports and resistances. Ema and Wma shown on chart as dynamic resistance and support. Bullish and stretched bollinger. Large ichimoku cloud will support the price. No fisher. Laggings are bullish as they have enough room for next leg down. Bearish momentum on macd and amazing oscillator. This coin always reacts to fear accumulation, so preparing for a jump.
Strategy: Good coin to hodl, long-term we're mostly going up, buy supports sell resistances. Entry: 2753 (actual price)-2671-2538 Target (short-term): 2783-2920 Sell (long-term): 2977-2995-3098+ Stoploss: 2460 Medium risk
Trade safe, we're not advertising our telegram anymore on our analysis as we lost 400 reputation over one night.