💡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
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FTM
📊 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 $0.23-0.27 value area. There is the potential reversal point to long or the price continue it`s fall to new lows! So stay tuned to not miss the updates.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTM; we MAY have hit a new range bottomFTM; we MAY have hit a new range bottom
got my beady eye on this mofo
maybeeeeee range bottom here; looks very similar RSI pattern wise. would make quite a bit of sense to get some relief soon after all this bloodshed and misery that has been inflicted.
im quite hung over so thats it.
ps ; read Arthurs latest blog article. VERY good imo.
FTMUSDT - Double your moneyHello traders.
I will start by saying this is not financial advice, which is my pure prediction on how the crypto market will move in the following weeks.
My idea is based on the fact that BTC will go bullish up to 28-32k before it drops to 18k and then even more.
I think we will go down to 8-10k until December, but let's see.
As I'm expecting BTC to go bullish in the following days, I will invest in FTM because it is a good project with excellent potential, and I can easily double my investment.
After I exit my position at around 0.7$, I will go short if BTC hits 30-32k.
What are your thoughts?
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.)
---------------------------------
FTM / USDT 1H IntervalHello everyone, let's take a look at the 1H FTM to USDT chart as you can see the price has come up from the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.3997
T2 - $ 0.4092
T3 - $ 0.4169
T4 - $ 0.4248
and
T5 - $ 0.4361
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.3947
SL2 - $ 0.3898
SL3 - $ 0.3860
SL4 - $ 0.3821
and
SL5 - $ 0.3766
Looking at the CHOP indicator, we can see that in the 1H interval, we have a lot of energy for the next move, and the MACD indicator indicates a shift to an upward trend.
FTM - Once A Beast, Always A Beast!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
FTM rejected a strong demand zone so we will be looking for buy setups on lower timeframes.
on DAILY: FTM formed a valid inverse head and shoulders but it is not ready to go yet.
For the bulls to take over, we need a momentum daily candle close above the gray neckline.
🎯Targets => Our first resistance / target would be around 1.0 so I will be monitoring price action there.
If we break it upward (purple projection) then a movement till 2.0 would be expected.
Meanwhile, until the buy is activated, FTM can still trade lower inside the demand zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The previous targets reached so far🚀 Check the new one!Hi friends! Fantom is continue it`s growing. As many other alts, it will copy BTC and will grow till BTC grow. As a traders we have to identify the best entry point to get highest RR and make a profit. Let`s try to identify the best one!
📊 The value area of $0.33-0,37 become the huge support. If the price make a pullback and volume will grow it confirm us the big player presence. As you know i use DOM and Footprint to identify the whales orders to open a trade with the short sl and best rr. So if big player apear at the pullback we open this trade.
🚩 If you don`t use that indicators you need to wait the squeeze to the trendline and try to open long at the breakout.
Of course, the price can don`t make a pullback and skyrocketing but it`s better to open only the best trades and trades withou clear setup especially if you are beginner.
Check this idea to get more experience in trading and understand the preconditions to open a long trade!
What is not so good as it seems? The volume growth at the highs of price. It seems like whales sales their crypto to retails. So if at the pullback i will see support by the big players it will be confirmation of upcoming pumps. Don`t miss it!
📊 The targets:
🔥 $0.52 - key level and even number
🔥 $0.67-0.81 - the closest value area ans resistance for the price
🚩 Friends, do you want to know how to use such indicators as DOM and Footpint? Check the links below the idea and learn it!
💻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.
FANTOM - Time to Shine AgainProfessor's outlook is positive on BTC ands cryptos for reasons you can see here:
BITCOIN - Bullish Outlook and Expecting a Breakout
CPI report released today and a 0,2% expectation for the month vs 1,3% last week is expected to be a 'good result'.
Last week Btc intially dropped on high inflation before rising. Volatility is part of the 'game' and so it will be today as well.
In any acse my outlook is Bullish for reasons I have explained before.
Chart.
Middle of ascending channel is holding nicely as support. That means i am a buyer today, going Long.
Major news/fundamental:
Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin
Wood also notes another Bitcoin metric indicates BTC could actually surge even higher.
“The illiquid supply, according to our estimates, is about 14 million out of the roughly… 18-19 million Bitcoin outstanding… And by our calculations, only three million units are truly liquid. And so the demand – if we were to see a $1 trillion increase in demand – then it would probably drive the price up much higher than the doubling that I just mentioned.”
One Love,
The FXPROFESSOR
retest to 0.37 , then charge up for a 140% profits swing tradingFTM is creating a double bottom in the daily chart
its not a rocket science many other alt coins are making a bullish pattern and a reversal at
least in the short term.
but FTM is one of the few that has a potential of 100% + swing target.
expecting a new ATH next year or maximum 2024 halving season which will make ftm around $6-7
very good risk and reward if you bought @ 0.3 or lower.
not a financial advisor
Longing Fantom!FTM
Taking a cheeky long here, sharp SL inside the OB and would likely just look to re-enter on a tap of the bottom of grey box if I get stopped.
Invalidation of this long below grey box, but again if I am stopped I will look to re-enter inside grey, just lower.
Take profits laddered up in 3's T1/T2/T3
Didn't have the greatest entry as I wasn't at my computer earlier and never set an order, would have liked just slightly lower in the grey box, but my theory stands.
Will update later.
Cheers
FTM/USDT SCALP SETUP! READY FOR A 25% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this FTM/USDT trade setup.
FTM looks good here. It is forming an ascending triangle in a 4hr time frame. A breakout and retest are already done and now it's ready to go to the upside. Buy some now and add more in dips.
Entry range:- $0.36-$0.374
Target1:- $0.394
Target2:- $0.422
Target3:- $0.436
Target4:- $0.45
SL:- $0.34
Use low leverage (4x-6x) according to your risk.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
FANTOM - 40 CENTS THIS WEEK (50 CENTS NEXT WEEK?) 💹Market becoming Bullish early this week as you have been informed:
I think this time is ok to FOMO:
US printing money to fight inflation.. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀).
BTC Technical analysis:
Still in ascending channel . The Top (resistance) is just below 25k . I see 70% chances of breaking over the channel and off to 28k Resistance (our first target as given few weeks ago).
Watch the video and take a look at THIS:
After the Falls we naturally get a lake
I think it ended up being Perfect.
One Love,
The FXPROFESSOR