FCT - Double bottom & Bear trend colliding with trendline

in crypto •  7 years ago 

We can see the recent bear momentum is about to meet with the base trend line . This usually signifies a good entry point assuming the fundamentals of the project are still intact. We aren't AT the baseline (yet?) however we have double bottomed at the current support level .0039. This project has also attracted a significant amount of increase in volume over the past few months. With the current double bottom , close proximity to the base line, and the RSI showing overbought, this is showing to be a pretty strong point of entry

crypto fct altcoin btc
7 years ago by

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