FTMBTC
FTM/BTC (Retest Trendline Support?)BINANCE: FTMBTC
-Fantom tested the 50D MA last Sep 5 and we saw a strong bounce
-This time around, it is likely to test the upward trendline of support
-If FTM holds this area, we might see an upside move up to 352 sat
-But if the support trendline failed, The next potential support is at 209 sat
-Please always follow your trading plan
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FTMBTC analysisBuy 3 and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2, we can buy at 2satoshi
2. We can buy at support = 1.31satoshi
3. We can buy when resistance turns to support (1D open & close above resistance) = 4satoshi
Since there is an existing sell2 signal, either sell 3 or hell signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.
Note that chart is above the McGinley Dynamic line, so we must be careful when buying.
FANTOM is on the verge of an important breakout !If you followed me since June, you know that we are in FTM since around 60 satosi.
So we are already up 200% in a matter of 2 months.
However the big gains are still ahead, that is why I did not sell a single token.
FANTOM is big and will play a key role in the infrastructure of smart cities in Asia !
We are approaching important resistance at 180 - 190 satoshi level.
However I think we will soon overcome this hurdle because FTM is showing strenght !
Look at the RSI which is forming a beautiful cup & handle.
This pattern will complete once we approach resistance and will provide the necessary power to slice through it !!
Watch this one closely !!
FTM/BTC (Retest of Key Support)FTM/BTC
-Fantom is on a 4H short term downtrend
-The price is likely to come down and retest the previous support area
-The zone needs to be watching is somewhere around 210 sat level
-This was a previous resistance turned support and 0.5 Fib support
-We can also see the 100MA dynamic support in this zone
-It is highly anticipated of a bounce reaction within this area
-But I always recommend waiting for any Bullish signs
-Before entering a Buy order, this will help reduce the risk
Fantom Support & Resistance Levels (76% Target Mapped)We have a trade that is active for Fantom (FTMBTC) but we also wanted to share the chart for you.
Here we have the Fib. levels, which we are using as targets and support.
If the fib. levels are above the current price, we call them our targets or resistance.
If the fib. levels are below the current price, then when prices drop these levels work as support.
FTMBTC is now bullish and aiming higher.
Of course, if you do decide to trade, remember to always have a plan/strategy before starting.
Thanks a lot for reading.
Namaste.
FTM/BTC (Local Trendline Break?)FTM/BTC
-The downward trendline is now broken but the local resistance is still valid
-If you are an aggressive trader, you can enter the current market price
-While conservative Trader is waiting for the break of local resistance at 127 sat
-Entering Buy position on breakout confirmation or retest at 127 sat
-Ideal stop loss area is below the Double bottom retest at 106 sat
-Your upside target is up to 160-167 sat range
FTM/BTC (New Key Support Area)FTM/BTC
-New key support is found at 107 sat range
-Currently, FTM is testing the downward trendline resistance
-I recommend to only to Buy the break/retest of trendline
-Because this will increase your short term Bullish bias will continue
-The upside potentials are up to 164 sat or higher
-Stoploss is below 106 area
ALTs (REP.BTC).BTC (Y20.P3.E3).Stalking ListHi Again,
This is not my complete list however it will do for now.
Below is my thoughts on certain coins and how to trade them.
> REP.BTC
> FTM.BTC
> ETH.BTC
> ADA.BTC
> AION.BTC
> LINK.BTC
> ZRX.BTC
> NEO.BTC
> LEND.BTC
Please give me a like or tick for this post.
Cheers,
S.Sari
REP.BTC (correction to the above target) 2 targets
FTM.BTC
ETH.BTC
ADA.BTC
AION.BTC
LINK.BTC
ZRX.BTC
NEO.BTC
LEND.BTC
FTM.BTC (Y20.P3.E1).Macro structure.Key levelsHi All,
I have been trading FTM of recent, only once so far due to the structure. It was an opportunity for a small trade.
When I did my review today at the bigger structure, it has passed one big hurdle and is likely to keep going up.
However it has many layers of resistances.
< Note: WR, WS, MR, MS are what I mark for weekly resistance and support as well as monthly resistance and support. These help find targets as well>
My thoughts:
> Major sloping trend line resistance has been passed and retested on the daily, so its held up. Using the Run and Bump strategy, its also fits into this structure and hence strategy.
> Hence, I see a potential price potentially bouncing off the 0.618 fib level as per the 4hrly chart, due to the volume profile having confluence with this fib.
However the 0.5 fib looks like its holding based on the current candle and its wick.
> I don't think it will be that volatile in this range.
How to trade it:
Not an easy one to call the entry but if the daily (current) candle closes above the 0.5 fib level (13 hrs to go) or higher then, its a bullish sign.
As per my chart, I'm looking at 0.5 and 0.618 fib level and the candle sticks on the 3, 6, 12 hrly time frames, to go long.
Please give me a like or tick for this effort,
Cheers,
S.Sari
4 HRLY chart.
Overview chart
Fantom (FTM) Bullish Flag Broken... Going HigherFantom (FTMBTC) has broken its bullish flag and is already moving higher.
This is a classic bullish pattern marked here with blue.
The next target is marked with magenta dashed lines.
We are looking here at a close-up/short-term move but if we bo back further, this altcoin pair has amazing potential for growth.
Namaste.
ALTs.BTC (Y20.P3.E2).Stalking listHi All,
Here is some of my stalking list of coins and my short term view, opportunities that I'm stalking.
ATOM.BTC
Daily
CND.BTC as per the chart above > 8 HRLY chart
XLM.BTC > 8 or Daily chart
Daily
FET.BTC > stalking as well
Daily
AION.BTC
Daily
FTM.BTC
ZRX.BTC
LINK.BTC
ADA.BTC
XTZ.BTC
NEO.BTC
VET.BTC
DASH.BTC > potentially the bottom
ONT.BTC
KAVA.BTC
BNB.BTC
FTMBTC - Looks promisingFTMBTC moves well, broke through strong resistance at 120 sat level on HTF (weekly), really good sign. Next target is ~ 170 satoshi.
On LTF it accumulates over support.
Hit the "LIKE" button and follow to support, thank you,
Information is just for educational purposes, never financial advice. Always do your own research.
Fantom [FTM/BTC] on July 11 (#FTM #FTMBTC)FTM looks still strong and its target should be about 180-200sts in this bullrun
It is still accumulating for higher target and it may make correction to these 2 zones : 110-115sts and 90-95sts
Be careful if it drops below 90sts because it may drop sharply to 70-75sts or even 35-40sts
FANTOM: Things should get interesting at 76 - 78 satoshi !!!The ascending bullish triangle (green colour) points to resistance at 66 - 68 satoshi.
This resistance was formerly support (yellow field showing congestion zone on the left).
When the price will get at this same level where it previsously broke down on the 11th March 2020, things will start to get very interesting.
We are now just 10 satoshi (or 15%) away ...
LET'S FOLLOW THIS CLOSELY !!