🔥 Fantom (FTM): do this if WHALES make a trapHi friends! Fantom is close to it`s bottom as the most of the altcoins. So it`s a good chance to make profit, because the biggest impulse happen after the accumulation at the dip.
Now i see that situation on crypto market is not clear, no trend, a lot of bad news, but a lot of signals that BTC close to bottom. As the altcoins follow the BTC we need to keep an eye on it.
✅ I marked on the chart volume bars growing every single time when FTM reaching the bottom. A big chance that the whales (buyers) buy FTM to sell it higher!
📊 Look for this to open a long:
🔥 collection the liquidity (trap of sellers and buyers) bellow the $0.25-0.28 value area
🔥 volume growth on the volume indicator (the whales are here)
🔥 squeeze to the trendline
🔥 whales BUY orders on DOM and Footprint
🚩 DOM and Footprint are the tools that i use for scalping. They help me to identify the best places to buy and sell crypto with the whales. Everyone can use because it`s avaliable for free.
📊 The targets:
1. $0.28 - the top of the value area
2. $0.33-0.375 - the value area
💻Press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Fantom
Fantom (FTM) - September 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(FTMUSDT 1W chart)
Whether or not it can move higher than 0.3661 is crucial.
(1D chart)
Resistance: 0.3206-0.3661
Support: 0.1892-0.2372
In order to turn into an uptrend, it must rise above the HA-Low indicator.
So, we need to see if we can rise above 0.3018.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
hello guys today must buy ftm. <33$ftm - Fantom - things are about to get silly in the market - expect $ftm to pop quickly - be smart - do not blame the chain - this is manipulation. Anything above .90 in this market condition is a sell - take profits where possible. dont forgt stop loss and dont gt rekt
Damn You Powell 😾Call it a safehaven-looking chart today, Litecoin is over support and a Pump could follow.
if only the market can help a bit.
With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried.
Let's be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries.
We be careful and hedged here. 0.25 is support for FANTOM. 0.30 is the next Resistance
Market not looking good...No happiness when Fantom, a favorite, is in troubles.
God damn it Powell!
One Love,
the FXPROFESSOR
FANTOM- Double SupportFantom seems to be normalizing over 30 cents with 2 support levels co-existing just above the rounded number.
At this stage and given that BTC could finally break higher it could be time to look at FTM for new Long positions here.
Then again i would be out under 30c and wait to buy again at 27 or lower... nobody knws what tomorrow brings.
One Love,
The FXPROFESSOR
Fantom (FTM) - August 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FTMUSDT 1W chart)
The interval 0.3661-0.4874 is the interval that determines the trend.
So, the key is whether it can move higher than 0.3661.
- As the Stoch RSI indicator is falling, it is necessary to check if it is supported above 0.2665 when it turns upward.
If it doesn't, it's expected to drop to around 0.1280.
(1D chart)
The HA-Low indicator is showing signs of going up.
Therefore, it is important to be able to rise above the HA-Low indicator point and above the 60 SMA line.
If the climb fails, you should check to see if there is support around 0.2665.
If not, it should be supported in the 0.1892-0.2372 interval.
- Since the RSI indicator has not yet moved out of the oversold zone, it is natural for further declines to occur.
However, as the Stoch RSI and CCI(9) indicators are out of the oversold zone, and the Stoch RSI indicator is showing an upward trend, it can be said that there is a possibility that it will rise further.
At this time, what is important is whether it is supported or resisted at the HA-Low indicator point, the 60SMA line.
When using most indicators, what matters is how they perform at support and resistance points.
Therefore, the ability to establish support and resistance points should be a priority when studying charts.
Prices can always go up or down.
Occasionally, there are people who comment on such things.
That's natural, but if you don't know the settings for support and resistance points and the movements at those points when you look at the chart, it's just a comment accusing you of being a worthless analysis.
At the heart of chart analysis is neither Elliott wave nor trend.
The most important key is support and resistance.
This is because the win or loss of a trade is determined by what kind of trading strategy you make at the support and resistance points.
You might ask yourself whether you need to know how far to rise or how far to fall before you can create a trading strategy, but it is not.
At the heart of your trading strategy is whether you can create a way to reduce your losses.
If you can't come up with a way to reduce your losses, you shouldn't even start the trade at all.
The MRHAB-T indicator used in this chart is a private indicator, but if the chart is shared, the indicator can be used normally.
Among the indicators included in the MRHAB-T indicator, indicators are included to indicate support and resistance points.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
FANTOM- Not The Best Cgart atmUpdated Fantom chart not looking great at this very moment.
Bitcoin will need to pick a direction soon and we must be prepared for everything but Fantom is not my main focus as other charts (that i poisted) are performing and looking better at this stage.
Support at 0.278 is valid if 0.29 breaks.
Everything is possible.
One Love,
the FXPROFESSOR
FTM Scalp long - Time to rise babyTake a look at this beautiful setup!
⭐️ BTC looks bullish
⭐️ Accumulation 3 days
⭐️ Domination looks bearish
⭐️ We have volume at bottom, someone is holding the price
⭐️ 4th approach
⭐️ Over VWAP
Will enter when price makes a trap, then slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
FTM - LONG Still valid, but close!Long position still valid, TP'd once already but leaving the position open until stopped out / invalidated. Otherwise this turns around and I will TP2 / TP3.
At the least I made profit one the original trade idea, it is not about being right it is about making $ and having invalidations.
Weak market across the board, it's likely I get stopped out but I am happy with the trade at this point no matter what.
This is why you have lower TP targets and ladder them up!
📊 FTM is so weak! Let`s make a profit on shortHi friends! Today BTC fall for 6% that push the price of altcoin lower also.
As you can see on the chart, the FTM can make some pullback after reaching the support area of $0.23-0.29. The target to pullback will be another value area which become the resistance. It`s the $0.335-0.37 value area.
At the pullback we have to pay atention to the volumes. Also this scenario will be usefull for someone who use DOM and Footprint. When the FTM reach this value area, we can identify the price levels where the big players sell crypto. Using this information we can also open a short trades with short stop loss above the big players sell orders.
📊 Preconditions to open a short:
1. pullback to the $0.33-0.37 value area
2. volume growth which confirm the sellers presure to push the price lower
3. BIG sell orders on DOM and Footprint. The whales open their shorts to make money on the dump
4. bearish BTC
🔥Target is the $0.23-0.27 value area. There is the potential reversal point to long or the price continue it`s fall to new lows! So stay tuned to not miss the updates.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTM; we MAY have hit a new range bottomFTM; we MAY have hit a new range bottom
got my beady eye on this mofo
maybeeeeee range bottom here; looks very similar RSI pattern wise. would make quite a bit of sense to get some relief soon after all this bloodshed and misery that has been inflicted.
im quite hung over so thats it.
ps ; read Arthurs latest blog article. VERY good imo.
FANTOM- See You at 48 centsHi everyone,
Professor here and time for announcements:
I have decided to take it easier with charts for the next period and focus on education.
In my time here at Tradingview I have met a lot of (mostly) nice people striving to 'find out' what will happen next and how they can trade and make money.
💭 Allow me to say that the vast majority (90%+) fail to do anything good with the information they receive here:
- People don't realize that analysis (either Technical or any other kind ) and predicting 'what will happen next' is just not enough. Ever.
- I would say that Prognosis (right word for what you think is Analysis) is less than 20% of the success
- People don't know How to trade . (So why even look at charts? It won't help you much)
- Even traders with experience and knowledge..it's what they want them to know thus they struggle too
- The understanding of Trading that the average Trader gets from what's online is just WRONG
- Not knowing is fine. 'Knowing'' something that is fundamentally wrong is Bad news (exactly the case with some here)
- People do not know how to MANAGE their positions. That's number 1 issue
- They (and probably YOU) don't know how to manage yourselves, your emotions, your budgets or the market. That's the main issue.
👉 So why keep posting charts so often when the problem is something different?
There are TONS of material out there but I have seen nothing that meets my criteria and can actually help new traders in a simple, understandable, structured way that can work.
💡 So i decided to take some time off and create exactly that:
An easy to understand Method that works for beginners. Look for it in September.
I will be Back,
The FXPROFESSOR
FTMUSDT - Double your moneyHello traders.
I will start by saying this is not financial advice, which is my pure prediction on how the crypto market will move in the following weeks.
My idea is based on the fact that BTC will go bullish up to 28-32k before it drops to 18k and then even more.
I think we will go down to 8-10k until December, but let's see.
As I'm expecting BTC to go bullish in the following days, I will invest in FTM because it is a good project with excellent potential, and I can easily double my investment.
After I exit my position at around 0.7$, I will go short if BTC hits 30-32k.
What are your thoughts?
FTMUSDTHello my dear friends
I hope we will have a profitable week together (:
Considering the specified ranges and the ascending wedge pattern at the end of the upward trend and the negative divergence of RSI, it seems that the possibility of correction to the blue range of $0.2657 is not out of mind.
Please keep in mind that if you want to trade with this analysis, you must place the loss limit above the blue range, for us the priority is the range, not the technical pattern.
We would be happy to hear your comments