FTMBTC analysis
Buy 3 and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2, we can buy at 2satoshi
2. We can buy at support = 1.31satoshi
3. We can buy when resistance turns to support (1D open & close above resistance) = 4satoshi
Since there is an existing sell2 signal, either sell 3 or hell signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.
Note that chart is above the McGinley Dynamic line, so we must be careful when buying.
1. We can buy when risk/reward ratio is greater than 2, we can buy at 2satoshi
2. We can buy at support = 1.31satoshi
3. We can buy when resistance turns to support (1D open & close above resistance) = 4satoshi
Since there is an existing sell2 signal, either sell 3 or hell signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.
Note that chart is above the McGinley Dynamic line, so we must be careful when buying.
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