FTM-BTC LONG scenario
Greetings,
The coin is traded on several major exchanges, trading pairs BTC, UDST and ETH are available.
On the daily chart you can see that the accumulation phase was from March to June, after which the coin went into pump mode and in September reached a peak of 500 satosh, from the bottom of the price rose by 1100%, a magical profit for those who have strong hands and steel ... you understand.
At the moment, the price has fallen from ATH by 80%, it hurts.
In terms of horizontal volumes, we can see that the price has settled in the area where the biggest trades were held in the 110-130 Satosh range, and at the moment the volatility is clamped in a symmetrical triangle, like a spring with a 65% base. This figure of uncertainty, and can work out 50/50, can become a reversal figure or a figure that will continue the downward trend to the next support area 75 Satoshas.
The purpose of working out of the long scenario of 200 Satoshas, and I will wait for it, as now there is no point of an input yet. The additional signal to buy will be the increased volume of buyers at triangle breakdown. Also, we can most likely see a false breakout and the reset of clips under the support of 110 Satoshas, if it will be short term it is quite acceptable, but if the price is fixed below the support, especially in the daily chart, the scenario is canceled.
Always use Stop Loss and do not use a leverage greater than x3.
A trader should always have tomorrow.
If the information turned out to be useful to you, put up a liking and sign up so you don't miss anything.
The coin is traded on several major exchanges, trading pairs BTC, UDST and ETH are available.
On the daily chart you can see that the accumulation phase was from March to June, after which the coin went into pump mode and in September reached a peak of 500 satosh, from the bottom of the price rose by 1100%, a magical profit for those who have strong hands and steel ... you understand.
At the moment, the price has fallen from ATH by 80%, it hurts.
In terms of horizontal volumes, we can see that the price has settled in the area where the biggest trades were held in the 110-130 Satosh range, and at the moment the volatility is clamped in a symmetrical triangle, like a spring with a 65% base. This figure of uncertainty, and can work out 50/50, can become a reversal figure or a figure that will continue the downward trend to the next support area 75 Satoshas.
The purpose of working out of the long scenario of 200 Satoshas, and I will wait for it, as now there is no point of an input yet. The additional signal to buy will be the increased volume of buyers at triangle breakdown. Also, we can most likely see a false breakout and the reset of clips under the support of 110 Satoshas, if it will be short term it is quite acceptable, but if the price is fixed below the support, especially in the daily chart, the scenario is canceled.
Always use Stop Loss and do not use a leverage greater than x3.
A trader should always have tomorrow.
If the information turned out to be useful to you, put up a liking and sign up so you don't miss anything.
Больше информации 👉 t.me/+lDtVimAqSH9kNWYy
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.