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FTMUSDTPERP

Possible Upper Triangle FormingHi Traders, FTM had been in a downtrend. If that breakout will be successful, it might form a upper triangle in case a re-test. I've seen many breakout pattern with that kind of structure: First it is in a downtrend. Then, it form a smaller uptrend in that downtrend. Then, the uptrend gain some momentum in order to break that downtrend. We are observing that situation. Of course, this is not the main reason that I believe FTM is bullish. You see the massive green volume in the SS. This is the most important signal of the beginning of a uptrend. So what is my plan? First, I will buy after the candle close in 4 hour period in the spot. If there is no re-test, I will keep it to the end of the orange arrow. If it does a re-test, I am gonna take a LONG position again with the leverage of 3 at most ( this is totally dependent of the trader. I can handle this risk. Before taking a position, manage your risk. ) I will stop loss if there is a candle close in or below the pink area. Based on the situation, I will probably sell 50% of the position. If it close below the key level, I will close totally.
FTX:FTMPERPLong
by bahadirkisbet
A range with huge volumeHi traders, You may observe that the volume has increased dramatically in last days. And also you can say that the traded volume is concentrated higher price levels by using volume profile. I interpret this situation as an important indicator of a strong bullish trend. By this information, the price level seems good to take a position. I've drawn stop loss level. I will HODL until there is a good implication about the end of the uptrend. The TA is short but the thing is that the huge volume does not need any interpretation. Stay safe.
FTX:FTMPERPLong
by bahadirkisbet
FTM 1D Updates of the maximum or continuation of the correction?To your attention another Defi project - Fantom, from South Korean creators, which, judging by the schedule, is in great demand. [ b]Write in the comments, your expectations for the project or what news awaits it in the future. If you analyze the chart, you can see that after the establishment of an absolute maximum at $0.878 , the price corrected by -71% and reached the top of the liquid zone. A decent correction after which we got a strong buy-back up. Now the FTMUSDT price is reaching the critical level of $0.76 at which the future price movement will be decided: 1) If buyers manage to break through $0.76 upward and start consolidation above it , then the way will open for price movement to $1.79 2) If buyers lose their shopping enthusiasm and sellers will activate, then the first level from the bottom where buyers can become active again will be $0.30. After will the likely continuation of consolidation for the accumulation of forces in order to continue to grow. 3) A strong spillage of the FTMUSD price is possible up to $0.15 - then it will be -83% growth correction, but the chances for continued growth in the future will remain. 4) If a price drop below $0.15 will mean a lack of interest of buyers in the project, and the cost of the FTM token itself may collapse to $0.05-0.06 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
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by P_S_trade
36
FTMUSDT DOUBLE BOTTOM TIME 1 HOURThe double bottom pattern always follows a major or minor down trend in a particular security, and signals the reversal and the beginning of a potential uptrend. Consequently, the pattern should be validated by market fundamentals for the security itself, as well as the sector that the security belongs to, and the market in general. The fundamentals should reflect the characteristics of an upcoming reversal in market conditions. Also, volume should be closely monitored during the formation of the pattern. A spike in volume typically occurs during the two upward price movements in the pattern. These spikes in volume are a strong indication of upward price pressure and serve as further confirmation of a successful double bottom pattern. Once the closing price is in the second rebound and is approaching the high of the first rebound of the pattern, and a noticeable expansion in volume is presently coupled with fundamentals that indicate market conditions that are conducive to a reversal, a long position should be taken at the price level of the high of the first rebound, with a stop loss at the second low in the pattern. A profit target should be taken at two times the stop loss amount above the entry price.
FLong
by adityaaliyuna
🆓Fantom/USDT Analysis (25/2) #FTM $FTM0.8$ is a strong resistance and this zone may be the peak of FTM in this wave. I think it will have a big correction phase to at least 0.6$ zone or even 0.4$ in next days But if FTM conquers 0.8$ zone successfully, we could see it at 1.3$ but long at the high price like this is not really a good idea 📈BUY -Buy: 0.585-0.615$. SL if B -Buy: 0.39-0.41$. SL if B 📉SELL -Sell: 0.78-0.82$. SL if A ♻️BACK-UP -Buy: 0.78-0.82$ if A. SL if B -Sell: 1.25-1.3$. SL if A ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
FShort
by CryptoStation
2
✳️Fantom/USDT Analysis (27/12) #FTM $FTMFTM is in strong support zone at 0.016-0.017$ and it could initiate an uptrend from here to 0.025$ and 0.03$ or even 0.04$ zone in January 2021. If 0.016-0.017$ zone is lost, it would be extremely bad for FTM 📈BUY -Buy: 0.016-0.017$.SL if B 📉SELL -Sell: 0.024-0.025$.SL if A -Sell: 0.029-0.030$.SL if A -Sell: 0.038-0.040$.SL if A ♻️BACK-UP -Sell: 0.016-0.017$ if B.SL if A -Buy: 0.012-0.013$.SL if B -Sell: 0.012-0.013$ if B.SL if A -Buy: 0.007-0.008$.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
FLong
by CryptoStation
3