SasanSeifi 💁♂Potential Breakout and Future Price TargetsAs you can see from the chart, the price of Fantom is currently trading within a descending trendline at $0.44 cents. If the price breaks and consolidates above the important $0.47 level, we can expect further growth and an upward trend to the $0.66 supply zone and the $1 price range. The important support zone in the long term is $0.38/$0.34 cents.
Please share your thoughts and insights in the comments below! I'd love to hear your take on the FANTOM chart.🙌🧐
This is not financial advice. Always do your own research before making any investment decisions.✌
4d
SasanSeifi 💁♂ Potential Long-Term Growth $2.70 and $3.50?Hi there! 😊
As you can see in the chart, the price of GTC has faced a range after a long-term downtrend and has experienced a slight growth after breaking the downtrend line. Currently, the price is trading in the range of $1.97.
The scenario that we can consider in the long term is that the price will increase to the liquidity ranges of $2.70 and $3.50. Then, after a minor correction and pullback, the price is expected to rise again to the supply zone in the long term, which is in the range of $4.50 to $5.00.
To better understand the continuation of the price movement, we need to see how the price reacts to the liquidity ranges of $2.70 and $3.50. The important support levels are $1.60 and $1.20. The possible long-term trend of GTC is shown in the above image.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!☺✌
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SasanSeifi 💁♂Potential Upside in Long-Term (4-Day) AnalysisPrice broke the long-term descending trendline and had a minor uptrend after a pullback and ranging. The current price is trading at $0.94.
Expectations:
After breaking the $1 high and a minor correction, the price can further rise to the $1.20 liquidity zone and the $1.50 supply zone.
To better understand the continuation of the trend, we need to see how the price reacts to the $1.50 supply zone.
Support Levels:
$0.78 / $0.70
This is not financial advice. Always do your research before making any investment decisions.🙌
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
BTCUSDTBesides analyzing the mid-term price trend, possible supports and resistances (as shown by Fibonacci levels) are presented .
The 38500k-41500k price range is a significant support zone because both EMA & Fibo levels cover each other, making it more valid. for a healthy price uptrend for bitcoin, we need a pullback to its support (in this strategy= EMA)
BTCUSDTTechnically speaking, a strategy for mid-term investment can be a combination of EMA on 4D Heiken Ashi plus the MACD indicator. This EMA has been a good support level since the COVID crash in the #BTC chart. Combining this dynamic support line with the MACD-cross signal, we can derive a reliable buy/sell signal for the mid-term. Considering the discussed MACD/EMA strategy, IMO we are experiencing a market price structure similar to what we saw after COVID crash.
Broadening Tops and Bottoms? #nanousd #4DCharts are for information purposes only and is not intended to be investment advice.
"Broadening Tops and Bottoms are wedges in price action that open outwards" ....