FTMBTC trade ideas
FTMBTC Long IdeaEntry: 0.00000191~196 (currently trading around 200, looking to enter near trend line)
Stop: 0.00000184 (below trend line and local support)
Targets:
1. 0.00000221
2. 0.00000251
3. 0.00000294
May take a few days to develop as wedge contracts, let's see if we can get a good entry.
Fantom FTM / BTC Bitcoin 40% potential - short termFantom FTM / BTC Bitcoin 40% potential - short term
FTM/BTCLooks like trying to break again, Lets wait for it to show what it got this time.
Telegram Channel : Bondscharts
FTMBTC - Add to Wathlist for potential DIPs Buying#FTMBTC
Fantom is holding well. Small Position may be considered on the Trendline with tight stops for an attempt to upper channel, which may yield 70% Gains if it plays out. Not a BUY Call, Check Local levels once we are close to the Entry Zone
Potential for reversal of downtrendFTM is forming a double bottom pattern with decent volume. If more volume comes to confirm, this could be the reversal of its downtrend. Also the recent fundamentals(weiss ratings review, token swap bridge with binance chain) of the coin are in sync with the double bottom pattern. Targets to look out for if the setup is invalidated are mentioned in the chart. RSI is clean.
- Also look out for triple bottom reversal
FTM/BTCTHIS IS NOT A TRADING ADVICE
PLEASE DO YOUR OWN RESEARCH
TRADE CAUTIOUSLY
FTM/BTC
PRICE NOW : BINANCE:FTMBTC
BUY ZONE : 182/205
TARGET 1 : 260
TARGET 2 : 320
TARGET 3: 400
TARGET 4: 455
STOP LOSS : 1 DAY CANDLE UNDER 180
USE STOP LIMIT TO CEASE PROFIT
FTMBTC Bearish BiasSeems like it formed out to be a Head and Shoulders Pattern and could possibly go down if it breaks its current price.
But also if you check it, it had a strong support at the green level. Always put STOP-LOSS if this scenario like this breaks which is out of our control. :)
FTM Bullish ScenarioFTMBTC Binance
Currently at its Wave 5 scenario. MAs 100 and 200 are also acting as good support. Invalidated EW if WAVE 4 will be extended below wave 1 horizontal line.
-Not a financial advice
$FTM At resistance around 275sats..$FTM At resistance around 275sats, trying to break above it. One of the few alts performing over the last day..
Calendar for this asset looks super busy
UCTS Buy signal active on the 6H chart
if it breaks above, a new leg to 315sats (10%+) can be aimed as 1st target
#FTM
