FTM Signal

The best option for the Phantom token is in the 4-hour time frame.

Trade active

A candlestick has been observed at the end of the trend and at support level 1.2014, forming a Morning Star pattern. It is expected to move higher and test the next resistance level. Notably, this resistance at 1.2014 is on the CHOCH (Change of Character) and has already been tested and reversed. The chart shows a cloud above, indicating a potential trend reversal. We will see if the candlestick turns into a Marubozu candle or not.

Trade closed: target reached

It turned out very well after consecutive goals, reaching the three white soldiers candlestick pattern, which could indicate a good success for the continuation of the trend up to the previous price of 1.372. Is there another feature ahead, or not? The transfer power to wallets is also noticeable; we still need to wait and see.

Note

In this situation, the title can't be changed, but the main point has been made. Trade closed: target reached.

Note

The sentence seems to refer to a market analysis or prediction, particularly regarding a potential long entry. It suggests that 2023 could be the best opportunity for entering a long position, with the expectation that the price may initially decline (retrace) and then rise afterward. The phrase "retrace" likely indicates a short-term downward movement before the price increases again.

If you're referring to technical analysis or investment in a specific market (like stocks, cryptocurrencies, or forex), here are some key points to consider:

1. **Trend Analysis**: Analyzing price trends and using technical tools (like support and resistance levels, indicators) can help identify the optimal time to enter a long position.

2. **Risk Management**: In any type of investment, managing risk is crucial. If you predict that the market will initially drop and then rise, strategies like setting stop-loss orders and determining appropriate risk levels are important.

3. **Tracking News and Analysis**: Staying updated on daily or weekly news and market analysis can help you identify emerging trends and make better decisions.

If you'd like to share a specific analysis or have any further questions, I'd be happy to assist you!

protahlil

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