Fantomecosystem
$FTM Potential Swing Long Set Up BUY THE DIP #FTM #FantomIt's time to buy the dip! Over the past few years, every time $FTM has always retraced back to the 0.382 level before bouncing back up. The 0.382 fib level seems to always be the price retracement level in which a huge bounce a price action would take place therefore this could potentially be a good area to buy in or swing trade this coin. I am reposting this due to the recent correction, an amazing opportunity for a swing trade!
Entry Levels: 0.942 - 1.0636
Stop Loss: 0.7376
Targets: 1.674 - 8.1099
FANTOM ECOSYSTEM (Request)- FTM is one one of the big winner in this bullrun, the price seems low in price, but i checked many indicators and noticed that FANTOM was bullish 80% of the time.
What is the Fantom ecosystem?
The Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates decentralized, scalable, and secure technologies. Fantom is a fast, scalable, and secure layer-1 platform built on an aBFT consensus protocol. Dyor it if you want to know more about FTM.
- Basically, i don't see this coin retracing for now, but like always, all depends on TheKing. So manage your % investment.
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Trading Plan
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- Buy : Now
- Rebuy : 2.5$
- Rebuy : 2$
TP : 4.95$
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- Check in comments for Older Analysis.
Happy Tr4Ding!
CURVE in the way of the 1st wave?crab harmonic pattern:
X=$372
AB=0.38 XA
BC=0.38 AB
1.6 BC=$11.88
2 BC=$21
2.24 BC=$30
2.6 BC=$53
0.78 XA=$82
0.88 XA=$166
3.6 BC=$235
4.23 BC=$593
1.13 XA=$935
1.27 XA=$2556
1.41 XA=$6790
1.6 XA=$29597
FTM Fantom: Channel Inside A WedgeHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Fantom (FTMUSD), a cryptocurrency.
The chart is self-explanatory. The Fantom price is inside a small Channel Pattern which is inside a Descending Broadening Wedge Pattern. Based on the indicators, price has the potential for upside, however the Ichimoku Cloud shows heavy resistance ahead. If Volume comes in and price breaks outside of the Cloud, it may be possible to see a nice move upside. Otherwise, price has potential to break below the local S/R line and fall much lower.
Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), MACD, MFI (Money Flow Index), Fear and Greed Indicator, Support and Resistance Trendline, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
$VIDT/BTC 1D (Binance Spot) Descending wedge breakout and retestVIDT Datalink looks really bottomed here and ready for reversal after that bullish breakout!
Also, it's a Collectibles & NFTs project, working on Binance Smart Chain and Fantom Ecosystem.
Current Price= 0.00001077
Buy Entry= 0.00001080 - 0.00000984
Take Profit= 0.00001331 | 0.00001583 | 0.00001991
Stop Loss= 0.00000792
Risk/Reward= 1:1.25 | 1:2.3 | 1:4
Expected Profit= +28.97% | +53.39% | 92.93%
Possible Loss= -23.26%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
