Technical Alert: Sharp Sell Pressure on $FF
The candle of the hour closed with a strong movement:
- Price: 0.12194
- Change: -12.6%
- Price-Move Strength: 7.2x higher than usual
- Trading Activity: 5.0x higher than usual
- RSI: 21.6
- Confirmed break below the lowest low of the last 20 candles
• On the hourly timeframe: Price is below the 20, 50, and 200 EMA.
Analysis of Higher Timeframes:
• 4H: 🟢 Bullish — the last close is above EMA20/50/200; staying above them supports the bullish trend. The current candle is trying to break below EMA20/50 downward; we are waiting for a close below for confirmation.
• 1D: 🟢 Bullish — the last close is above EMA20/50/200; staying above them supports the bullish trend. The current candle is trying to break below EMA20 downward; we are waiting for a close below for confirmation.
Technical Summary:
• 1H: 🔴 Strong and Confirmed Bearish
• 4H: 🟢 Bullish
• 1D: 🟢 Bullish
⚠️ After a 12.6% drop, chasing the drop directly requires caution; it’s better to watch for a retest or confirmation of a break of important support.
Fish Hunter
Reminder: This report is for personal follow-up purposes. Open the coin on more than one timeframe and determine its direction based on your view, then place your trade. Good luck to everyone
Follow our account for more opportunities to capture
$FF
#FF #BinanceSquare #TradingAlerts
The candle of the hour closed with a strong movement:
- Price: 0.12194
- Change: -12.6%
- Price-Move Strength: 7.2x higher than usual
- Trading Activity: 5.0x higher than usual
- RSI: 21.6
- Confirmed break below the lowest low of the last 20 candles
• On the hourly timeframe: Price is below the 20, 50, and 200 EMA.
Analysis of Higher Timeframes:
• 4H: 🟢 Bullish — the last close is above EMA20/50/200; staying above them supports the bullish trend. The current candle is trying to break below EMA20/50 downward; we are waiting for a close below for confirmation.
• 1D: 🟢 Bullish — the last close is above EMA20/50/200; staying above them supports the bullish trend. The current candle is trying to break below EMA20 downward; we are waiting for a close below for confirmation.
Technical Summary:
• 1H: 🔴 Strong and Confirmed Bearish
• 4H: 🟢 Bullish
• 1D: 🟢 Bullish
⚠️ After a 12.6% drop, chasing the drop directly requires caution; it’s better to watch for a retest or confirmation of a break of important support.
Fish Hunter
Reminder: This report is for personal follow-up purposes. Open the coin on more than one timeframe and determine its direction based on your view, then place your trade. Good luck to everyone
Follow our account for more opportunities to capture
$FF
#FF #BinanceSquare #TradingAlerts