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FatMoneyBagz
Nov 20, 2017 8:46 PM

Feathercoin Pattern 做多

Feathercoin / BitcoinBittrex

描述

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!

DISCLAIMER:
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
评论
nuieskater
I think we gonna make it. btw nice chart bro.
I dnt knw why price following BTC.
nuieskater
More question, what the target if we breakout 3200.
FatMoneyBagz
@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, O now just hit bullish confirmation. what next disscuss plz
FatMoneyBagz
@nuieskater, Needs to close candle on hourly time frame.
nuieskater
@FatMoneyBagz, Thanks for warned me. I'm excited, You saved me bro.
FatMoneyBagz
@nuieskater, No problem! Patience is key :) Always wait for larger time frame confirmation
nuieskater
@FatMoneyBagz, Thanks again
Orgest
Nice analysis!
FatMoneyBagz
@Orgest, Thank you :)
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