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Damn You Powell 😾Call it a safehaven-looking chart today, Litecoin is over support and a Pump could follow. if only the market can help a bit. With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried. Let's be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries. We be careful and hedged here. 0.25 is support for FANTOM. 0.30 is the next Resistance Market not looking good...No happiness when Fantom, a favorite, is in troubles. God damn it Powell! One Love, the FXPROFESSOR
by FX_Professor
4
Fantom (FTM) - August 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (FTMUSDT 1W chart) The interval 0.3661-0.4874 is the interval that determines the trend. So, the key is whether it can move higher than 0.3661. - As the Stoch RSI indicator is falling, it is necessary to check if it is supported above 0.2665 when it turns upward. If it doesn't, it's expected to drop to around 0.1280. (1D chart) The HA-Low indicator is showing signs of going up. Therefore, it is important to be able to rise above the HA-Low indicator point and above the 60 SMA line. If the climb fails, you should check to see if there is support around 0.2665. If not, it should be supported in the 0.1892-0.2372 interval. - Since the RSI indicator has not yet moved out of the oversold zone, it is natural for further declines to occur. However, as the Stoch RSI and CCI(9) indicators are out of the oversold zone, and the Stoch RSI indicator is showing an upward trend, it can be said that there is a possibility that it will rise further. At this time, what is important is whether it is supported or resisted at the HA-Low indicator point, the 60SMA line. When using most indicators, what matters is how they perform at support and resistance points. Therefore, the ability to establish support and resistance points should be a priority when studying charts. Prices can always go up or down. Occasionally, there are people who comment on such things. That's natural, but if you don't know the settings for support and resistance points and the movements at those points when you look at the chart, it's just a comment accusing you of being a worthless analysis. At the heart of chart analysis is neither Elliott wave nor trend. The most important key is support and resistance. This is because the win or loss of a trade is determined by what kind of trading strategy you make at the support and resistance points. You might ask yourself whether you need to know how far to rise or how far to fall before you can create a trading strategy, but it is not. At the heart of your trading strategy is whether you can create a way to reduce your losses. If you can't come up with a way to reduce your losses, you shouldn't even start the trade at all. The MRHAB-T indicator used in this chart is a private indicator, but if the chart is shared, the indicator can be used normally. Among the indicators included in the MRHAB-T indicator, indicators are included to indicate support and resistance points. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
FTM Scalp long - Time to rise babyTake a look at this beautiful setup! ⭐️ BTC looks bullish ⭐️ Accumulation 3 days ⭐️ Domination looks bearish ⭐️ We have volume at bottom, someone is holding the price ⭐️ 4th approach ⭐️ Over VWAP Will enter when price makes a trap, then slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
Long
by Artem_Dishel
3
FTM - LONG Still valid, but close!Long position still valid, TP'd once already but leaving the position open until stopped out / invalidated. Otherwise this turns around and I will TP2 / TP3. At the least I made profit one the original trade idea, it is not about being right it is about making $ and having invalidations. Weak market across the board, it's likely I get stopped out but I am happy with the trade at this point no matter what. This is why you have lower TP targets and ladder them up!
by cryptovatsik
2
💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3121). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTMUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 0.3578 TP2= @ 0.3878 TP3= @ 0.4310 TP4= @ 0.5228 TP5= @ 0.6147 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3121). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTMUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 0.3578 TP2= @ 0.3878 TP3= @ 0.4310 TP4= @ 0.5228 TP5= @ 0.6147 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
8
📊 FTM is so weak! Let`s make a profit on shortHi friends! Today BTC fall for 6% that push the price of altcoin lower also. As you can see on the chart, the FTM can make some pullback after reaching the support area of $0.23-0.29. The target to pullback will be another value area which become the resistance. It`s the $0.335-0.37 value area. At the pullback we have to pay atention to the volumes. Also this scenario will be usefull for someone who use DOM and Footprint. When the FTM reach this value area, we can identify the price levels where the big players sell crypto. Using this information we can also open a short trades with short stop loss above the big players sell orders. 📊 Preconditions to open a short: 1. pullback to the $0.33-0.37 value area 2. volume growth which confirm the sellers presure to push the price lower 3. BIG sell orders on DOM and Footprint. The whales open their shorts to make money on the dump 4. bearish BTC 🔥Target is the $0.23-0.27 value area. There is the potential reversal point to long or the price continue it`s fall to new lows! So stay tuned to not miss the updates. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
FTMUSDT - Double your moneyHello traders. I will start by saying this is not financial advice, which is my pure prediction on how the crypto market will move in the following weeks. My idea is based on the fact that BTC will go bullish up to 28-32k before it drops to 18k and then even more. I think we will go down to 8-10k until December, but let's see. As I'm expecting BTC to go bullish in the following days, I will invest in FTM because it is a good project with excellent potential, and I can easily double my investment. After I exit my position at around 0.7$, I will go short if BTC hits 30-32k. What are your thoughts?
Long
by dragosacorex
Fantom (FTM) - August 13Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (FTMUSDT 1M Chart) The interval 0.3661-0.4874 is the interval that determines the trend. Therefore, the key is whether it can rise above the 0.3661-0.4874 division. (1W chart) If it drops from 0.2665 and is resisted, you need a Stop Loss to secure cash. - It has been 4 weeks since the RSI moved out of the overbought zone, and the Stoch RSI has entered the overbought zone. Therefore, holding the price above 0.3339 is expected to lead to an attempt to break above 0.4874. (1D chart) The key is to find support at the 0.3661-0.4874 range and move higher than 0.5835. Failure to do so, and if it falls below 0.3339, a Stop Loss is required to secure cash. However, it is supported and can rise near the 0.1892-0.2372 section, so you need to think about countermeasures. It is located at a price point that is not easy to respond to. It can be seen that it is almost at the bottom, so if you can withstand the price fluctuations, you will make a profit. Even so, it is recommended to obtain cash income or increase the number of coins (tokens) held by taking appropriate measures. If you can lower the average purchase price together through this, you will be able to get better results. The idea that mid- to long-term investments are not short-term at all is a bad idea. You need to take psychological stability by lowering the average unit price of purchases in short-term trading or by adjusting the proportion of investment according to price fluctuations. If not, there is a possibility of selling under the psychological pressure when a full-fledged uptrend is about to begin. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto