FORTHUSDT trade ideas
We Really Dropped the BallIM VERY NEW to trading but just wanted to show a pattern I noticed with this token. No one is really posting about this coin so I figured I'd give some insight. All I can say is this as a trading position is pretty bad, but as an investment if you're willing to put your money here and wait another few months (or until next bull market lol) its fine I guess. If it fails to break out of the downtrend soon we're probably heading back down to the bottom of the triangle. I'm just choosing to HODL to see what happens (recently opened a position). Overall if it fails to break resistance there are probably better projects to invest in that yield better gains, thats just the cold truth. However, I'm choosing to be bullish at the current price. I look at momentum shifts, not necessarily technicalities, and if theres any coin that is long overdue for a momentum shift its this one.
The facts are this coin has done absolutely nothing for this year aside from go down, a relief rally is long overdue. If it dumps below 8.00 I'd consider taking your losses and investing in a project that actually yields some type of gains. I'm not of the mindset of "be patient" because if you were "patient" at any point this year you'd be at a loss and still waiting. Not to say never be patient, but know when to cut your losses. Look for momentum shifts or reversals. If not, there are much better projects. Lets wait and see!
FORTH/USDT-4H-BINANCE-KUCOINEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
FORTH USDT NEW TRENDING
Breakout of the structure, starting a new uptrend, if it strongly touches 12.5-12, it would remove the structure from the analysis.
ENTRY PRICE - $14.20
STOP LOSS 12.5
TP1- $22.55
TP2- $27.10
THIS IS NOT AN INVESTMENT SUGGESTION, IT IS JUST AN IDEA, IF YOU ARE GOING TO BUY, DO IT UNDER YOUR OWN RESPONSIBILITY.
This is FORTH. This project is in its infancy and for the price it is today it is a steal
There is a circulating supply of only 8,659,067 with a max supply volume of 14,998,897
If you look at coins with this kind of supply that are successful they usually attain a goal of around $400+ within one to two years of inception
This coin could do it in that time frame or sooner because it is already on major exchanges which will give the world access to it.
This is off of their website to give a brief explanation of what this coin is:
AMPL is a cryptocurrency and financial building-block. Much like Bitcoin, it is algorithmic and uncollateralized. However unlike Bitcoin, AMPL can be used to denominate stable contracts.
I truly believe in this coin and at the bottom(thats what i think it is) I will continue buying all the way up to my goal of $400.
I currently own AMPLEFORTH
check it out and if you like the project and are willing to take the ride jump in with me
trade it or hold it and we all make money
www.ampleforth.org
FORTH with patience and with targetsYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Pinbar in weekly time frame, rectangle in daily time frameIn the weekly time frame has formed a pin bar. And in the daily timeframe involved the rectangle template looks like it will break soon.
In case of successful failure, I expect to climb in the first stage up to the range of $ 18, which is the height of the rectangle. And we encounter the resistance of Kijonsen Flat and Chico Span B line.
FORTH ideaYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
Bullish on The $FORTHThe pump is just a matter of time.
About The Token :
FORTH is Ampleforth’s (AMPL) governance token. FORTH holders can vote on proposed changes to the Ampleforth protocol or delegate their votes to representatives who vote on their behalf.
AMPL is the first-ever rebasing cryptocurrency. Like Bitcoin, AMPL is non-dillutive. Unlike Bitcoin, AMPL can be used to denominate contracts of predictable value. Where AMPL represents an independent currency that functions as a unit of account, FORTH is the governing mechanism that oversees its evolution.
FORTH was launched by the Ampleforth team as a "Day One launch" in conjunction with Coinbase in April of 2021.
FORTH Ucgen Kirilim RetestindeBTC'nin 51 - 52 bin hedefine dogru devami halinde, FORTH'da da yukselis beklenebilir. Market cap'inin da dusuk olmasi sebebiyle, BTC'ye bagli olarak, altcoinlere kaynak girisi oldugu taktirde kendi payini alabilir. Potansiyel hedefler tabloda gorulmektedir, stoplu bir sekilde bakmak faydali olacaktir.
Yatirim tavsiyesi degildir.