Based on my scoring system, I have observed an increase in Fantom momentum scoring on the daily time frame. This suggests that there may be further upward momentum, potentially rebounding off the 200-day moving average.
NFA
As a potential entry strategy, I would recommend waiting for a green candle close before entering the market, and exiting upon a color shift to red where the momentum scoring will indicate a downward trend. In the event that both the price and momentum scoring trend is up and the SuperTrend flips to bullish you may consider using the Supertrend as a trailing stop if you prefer not to exit on a red candle.
NFA
As a potential entry strategy, I would recommend waiting for a green candle close before entering the market, and exiting upon a color shift to red where the momentum scoring will indicate a downward trend. In the event that both the price and momentum scoring trend is up and the SuperTrend flips to bullish you may consider using the Supertrend as a trailing stop if you prefer not to exit on a red candle.