We see that buyers are willing to hold over the important support which helps to create more confidence within the market. As FOGO keeps climbing smoothly and is only making small dips, we are seeing less pressure from sellers. Is FOGO coming up against some exciting key areas of supply with strong demand attached. This type of move usually indicates that something stronger is happening within the price structure and that the momentum is more likely to keep going in that direction than to reverse to the downside.
If the moment remains and support continues to bring up $FOGO then the likelihood of continuing on your upward journey is increased, although it will always be necessary as traders to go along with the trend and also ensure that they are covering their risk properly also with the aid of stop-loss.
Remain hopeful. Have a clear price target. Assertion for a stop-loss that will help protect your position and respect it.
#fogo @Fogo Official 