Feathercoin Pattern

BITTREX:FTCBTC   Feathercoin / Bitcoin
Feathercoin has consistently been making large percentage gains.

It has been following a pattern of consolidation, breaking key resistance levels, finding a new ATH , and repeating all over again!

I've noticed this pattern and wanted to share it with you all.

I will enter at a break of 3k.

Good luck and happy trading everyone!

Follow this advice at your own risk.
评论: Resistance has broke; however, I'm a little cautious because the consolidation was so short.

The daily time frame is ending soon and this day's candle was a follow-through of the daily candle equilibrium break.

I'm steering clear until daily candle forms a new low. Better to be safe than sorry.
评论: Potential Dark Cloud Cover Formation

评论: This is the daily chart that I'm seeing.

评论: Guess I was wrong LOL that FUD op!

O well hope some people followed the original plan and got some gains :)

I'll be waiting for the next consolidation trend
I think we gonna make it. btw nice chart bro.
I dnt knw why price following BTC.
nuieskater nuieskater
More question, what the target if we breakout 3200.
FatMoneyBagz nuieskater
@nuieskater, Thanks for the compliment :)

I can't give you a price target because I try to adapt to what is happening with the candles.

What happens before the end of every uptrend / every consolidation period?

There's a green candle with a LONG upper wick which suggests there is profit taking. After the green candle w long upper wick, there's a red candle to confirm the end of the uptrend.
nuieskater FatMoneyBagz
@FatMoneyBagz, O now just hit bullish confirmation. what next disscuss plz
FatMoneyBagz nuieskater
@nuieskater, Needs to close candle on hourly time frame.
nuieskater FatMoneyBagz
@FatMoneyBagz, Thanks for warned me. I'm excited, You saved me bro.
FatMoneyBagz nuieskater
@nuieskater, No problem! Patience is key :) Always wait for larger time frame confirmation
nuieskater FatMoneyBagz
@FatMoneyBagz, Thanks again
Nice analysis!
@Orgest, Thank you :)
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