#ftm
Buying point:
Initial buying range: When the price is close to 0.4500 - 0.4700 USDT, you can consider buying for the first time. This area is close to the middle Bollinger Bands track, and at the same time, this price range may form support, indicating a potential rebound opportunity.
Breaking through the buying point: If the price breaks through 0.5000 USDT and is accompanied by an increase in trading volume, this is a potential rebound signal and you can consider adding a position. After breaking this resistance level, the market is likely to push higher.
Take profit point:
First take-profit target: When the price rebounds to 0.5200 - 0.5400 USDT, which is the pressure level of the upper Bollinger Band and EMA (25), partial take-profit can be considered.
Second take-profit target: If the price breaks through 0.5800 USDT, it is recommended to further take profit. This area is a strong resistance level, and the price may rise further after breaking through.
Stop loss point:
Stop loss setting: If the price falls below 0.4200 USDT and the trading volume increases, the loss should be stopped immediately because there is no obvious support below this area and the price may drop further.
Technical indicator support:
EMA(7) and EMA(25): The short-term moving averages EMA(7) and EMA(25) are crossing upward, indicating that there is upward momentum in the short term. EMA(99) shows signs of improvement in the long-term trend, and market sentiment is relatively positive.
Bollinger Bands: The current price is close to the upper limit of the Bollinger Bands, indicating that market volatility is increasing and the price may have entered the short-term overbought zone, requiring cautious operation.
#美国经济软着陆? #以太坊基金会 #美国8月非农就业人数不及预期 #小非农增幅创3年多新低
$FTM