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Ampleforth Governance Token

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FORTHUSD trade ideas

Forth/USD long term 50% off!!! currently 264.6 million in market cap and 73.5 million in volume. this certainly is more a risky trade opportunity.... also being very very new to the space this could certainly break down to find a new low. But from the chart you can clearly see its found a support followed by consolidation which to me indicates a move to the upside. with such low market cap the possibilities of seeing long term very large numbers is very possible. i will be doing more reasearch on the token itself but found this setup and had to share. best of luck and once again I am no financial advisor so trade at your own risk.
COINBASE:FORTHUSDLong
by collinmurray40
5
FORTH: Initial TargetsWolves get in early before the sheep. Snag this new token before it pops. Support currently holding above $30 with a bullish uptrend on price action, RSI, and MACD. If FORTH is able to get above the .236 fib level at around $45, then our next levels of resistance would be around $52 and $60. Yes, this token can go MUCH higher (into the hundreds) based on market cap and supply, but I like to take it one step at a time. A lot will also depend on Bitcoin's behavior. If we get another Bitcoin dump, this idea will be put on hold. This is not financial advice. These are just my ideas and opinions.
COINBASE:FORTHUSD
by LA_Designer