Technical analysis by DragonCaoB about Symbol FRONT: Buy recommendation (3/25/2024)
https://sahmeto.com/message/1618366

DragonCaoB
Rank: 32541
Analytical Power:
0.9

Dear my friends,I took a stroll through the market and searched for some altcoins in smaller time frames, and I found one with a very nice chart. It's FRONT! This coin has experienced a significant price surge and then underwent a steep sell-off at a much faster pace than its ascent. However, looking at the 1-hour chart now, we are in a very promising position. The price is entering the apex of a triangle, preceded by a volume breakout. It's hard to overlook such a beautiful chart pattern. However, since I personally don't favor Futu, I won't enter a trade here. I'll take profit at the two marked regions. I've also observed this confluence on the 4-hour timeframe. Hopefully, my insights will be useful to you all.Best Regards,
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$1.26