I checked the announcement of Future Fintech Group (NASDAQ: FTFT). In the past six months, they have successively issued announcements to acquire Hong Kong Nice Talent Asset Management, Sichuan Tema supply chain management, Indonesia Asiasens Investment Holding and Bitcoin Bank in the Caribbean, Blocknance etc, but none of them seemed to have officially completed...
Merry Christmas to BTC, MARA, RIOT longs! Both miners set to gap high on Monday. Chance of this already being mostly priced in though, with both miners seeing huge rises over the past week, so don't expect the same kind of action going forward.
Price showing heavy downward momentum.
We require a break of the support area to continue downtrend.
Entry Plan:
- Await an impulse break of support zone
- Wait for a retest of support zone, now resistance
- Short until the next support zone
Price broke impulsively through support, indicating downward momentum and continuation of downtrend.
Plan:
Await for price to retest broken support.
Short to atleast 1.67
Awaiting break and retest of either side.
Bullish trade Idea
1. Wait for an impulsive break of 1740
2. Wait for price to retest 1740 region - ideally with a bull flag
3. Enter trade with a take profit of atleast 1780. Ideal target 1800
Bearish trade idea
1. Wait for an impulsive break of 1660
2. Wait for price to retest 1660 region - ideally with a bear...
