Fantom
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
Fantom (FTM) - August 13Hello?
Welcome, traders.
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(FTMUSDT 1M Chart)
The interval 0.3661-0.4874 is the interval that determines the trend.
Therefore, the key is whether it can rise above the 0.3661-0.4874 division.
(1W chart)
If it drops from 0.2665 and is resisted, you need a Stop Loss to secure cash.
- It has been 4 weeks since the RSI moved out of the overbought zone, and the Stoch RSI has entered the overbought zone.
Therefore, holding the price above 0.3339 is expected to lead to an attempt to break above 0.4874.
(1D chart)
The key is to find support at the 0.3661-0.4874 range and move higher than 0.5835.
Failure to do so, and if it falls below 0.3339, a Stop Loss is required to secure cash.
However, it is supported and can rise near the 0.1892-0.2372 section, so you need to think about countermeasures.
It is located at a price point that is not easy to respond to.
It can be seen that it is almost at the bottom, so if you can withstand the price fluctuations, you will make a profit.
Even so, it is recommended to obtain cash income or increase the number of coins (tokens) held by taking appropriate measures.
If you can lower the average purchase price together through this, you will be able to get better results.
The idea that mid- to long-term investments are not short-term at all is a bad idea.
You need to take psychological stability by lowering the average unit price of purchases in short-term trading or by adjusting the proportion of investment according to price fluctuations.
If not, there is a possibility of selling under the psychological pressure when a full-fledged uptrend is about to begin.
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** 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.)
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FTM - Once A Beast, Always A Beast!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
FTM rejected a strong demand zone so we will be looking for buy setups on lower timeframes.
on DAILY: FTM formed a valid inverse head and shoulders but it is not ready to go yet.
For the bulls to take over, we need a momentum daily candle close above the gray neckline.
🎯Targets => Our first resistance / target would be around 1.0 so I will be monitoring price action there.
If we break it upward (purple projection) then a movement till 2.0 would be expected.
Meanwhile, until the buy is activated, FTM can still trade lower inside the demand zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The previous targets reached so far🚀 Check the new one!Hi friends! Fantom is continue it`s growing. As many other alts, it will copy BTC and will grow till BTC grow. As a traders we have to identify the best entry point to get highest RR and make a profit. Let`s try to identify the best one!
📊 The value area of $0.33-0,37 become the huge support. If the price make a pullback and volume will grow it confirm us the big player presence. As you know i use DOM and Footprint to identify the whales orders to open a trade with the short sl and best rr. So if big player apear at the pullback we open this trade.
🚩 If you don`t use that indicators you need to wait the squeeze to the trendline and try to open long at the breakout.
Of course, the price can don`t make a pullback and skyrocketing but it`s better to open only the best trades and trades withou clear setup especially if you are beginner.
Check this idea to get more experience in trading and understand the preconditions to open a long trade!
What is not so good as it seems? The volume growth at the highs of price. It seems like whales sales their crypto to retails. So if at the pullback i will see support by the big players it will be confirmation of upcoming pumps. Don`t miss it!
📊 The targets:
🔥 $0.52 - key level and even number
🔥 $0.67-0.81 - the closest value area ans resistance for the price
🚩 Friends, do you want to know how to use such indicators as DOM and Footpint? Check the links below the idea and learn it!
💻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.
FANTOM - Time to Shine AgainProfessor's outlook is positive on BTC ands cryptos for reasons you can see here:
BITCOIN - Bullish Outlook and Expecting a Breakout
CPI report released today and a 0,2% expectation for the month vs 1,3% last week is expected to be a 'good result'.
Last week Btc intially dropped on high inflation before rising. Volatility is part of the 'game' and so it will be today as well.
In any acse my outlook is Bullish for reasons I have explained before.
Chart.
Middle of ascending channel is holding nicely as support. That means i am a buyer today, going Long.
Major news/fundamental:
Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin
Wood also notes another Bitcoin metric indicates BTC could actually surge even higher.
“The illiquid supply, according to our estimates, is about 14 million out of the roughly… 18-19 million Bitcoin outstanding… And by our calculations, only three million units are truly liquid. And so the demand – if we were to see a $1 trillion increase in demand – then it would probably drive the price up much higher than the doubling that I just mentioned.”
One Love,
The FXPROFESSOR
Longing Fantom!FTM
Taking a cheeky long here, sharp SL inside the OB and would likely just look to re-enter on a tap of the bottom of grey box if I get stopped.
Invalidation of this long below grey box, but again if I am stopped I will look to re-enter inside grey, just lower.
Take profits laddered up in 3's T1/T2/T3
Didn't have the greatest entry as I wasn't at my computer earlier and never set an order, would have liked just slightly lower in the grey box, but my theory stands.
Will update later.
Cheers
FANTOM - 40 CENTS THIS WEEK (50 CENTS NEXT WEEK?) 💹Market becoming Bullish early this week as you have been informed:
I think this time is ok to FOMO:
US printing money to fight inflation.. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀).
BTC Technical analysis:
Still in ascending channel . The Top (resistance) is just below 25k . I see 70% chances of breaking over the channel and off to 28k Resistance (our first target as given few weeks ago).
Watch the video and take a look at THIS:
After the Falls we naturally get a lake
I think it ended up being Perfect.
One Love,
The FXPROFESSOR
FANTOM - This could be Time for 40c (Or higher!)Some will say ' I Like your optimism Professor' but that's exactly what you said before 30 cents:
BITCOIN AND CRYPTO MIGHT PUMP ON GOOD USA DATA:
BITCOIN AND CRYPTO MIGHT PUMP ON GOOD USA DATA
Weekends have been very weak the past months but this could change. After all, crypto adoption is a trend. Not convinced?
well here it is: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin
News:
Interview – Fantom CEO Michael Kong on new Watchdog audit process for Fantom (plenty to explore here)
One Love,
the FXPROFESSOR
Quick Trade on FantomBINANCE:FTMUSD
With stop below today’s candle, here is a quick trade, with target around previous high of around $0.41 USD. Seems ready to breakout.
Risk-Reward 2.25 to 1.
Use proper risk management when trading (Entry – Stop = 4% or less of Capital)
Not a recommendation.
Good luck to you.
FTMUSDT🚀 |Local channel compressionHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Fantom is pressed to the upper border of the channel.
📌It can be seen that the asset is testing the channel with a shadow, I think that there is no fuel to exit the local downward channel yet, while we can expect a decline to the middle of the channel or even lower, we will look at #btc
📌While I watch the asset, if I see that we are going down to the middle of the channel, I will gain a position to the zone of 0.3151
Like and comment 👍
Fantom FTM Long-term AnalysisHello friends,
I'm going to study long term FTM. It is indeed one of the most robust projects when you look at on-chain data and wallet movements.
We see that the uptrend from 0.0017 USD has been broken and has received a bearish confirmation.
If we consider USD 0.0106 as strong support, we have reacted as both trend and 0.5 fib support.
But do not be in a hurry to create a new uptrend.
The area where it will be accumulated is very important.
Finally, if we close below the green support channel, the support points that buyers and liquidation hunters are waiting for are indicated on the chart.
In order to create a possible bear flag from here, we can expect an increase to 0.72 cents.
It creates the opportunity for a person who wants to accumulate from this region to sell half of it twice.
Those who bought at the Fib 0.5 support sold half of the doubles. For accumulation, my advice is to wait for positive dissonances and support points that may occur in the 4H graph.
Don't worry, if you're patient, it won't flight without you. If you are inside at the right time, you will be the most profitable.
I wish you good luck.
FTMUSDT Coin Reviewhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
After the last forecast, nothing has changed, the asset continues to remain in the accumulation zone.
I think the asset will continue to stay in this zone for about 1-2 weeks, after which we will see a run-out.
FTM - THIS Altcoin can Easily +460%Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Here's an altcoin that I believe has parabolic potential - Fantom . FTMUSDT is no stranger to parabolic bullish cycles. In fact, if we take a look at previous fractals, it almost appears that FTMUSD has a parabolic run every single cycle! As noted in the video, I anticipate some more range trading before we see some serious price movement.
If you're interested in a quick overview on the stock market, check out this post on SPY . This covers the latest news and a very important update on the S&P 500 :
Also, if you have wondered about Bitcoin and what phase we're currently trading in, check out this idea on the Wyckoff Method:
Related news highlights across the markets :
📢 Binance CEO CZ files a defamation lawsuit against Bloomberg
📢 US POTUS Biden says "in his view" there will not be a recession
📢 The SEC charges former US Representative Stephen Buyer with insider trading
📢 Ripple XRPUSDT partners with FOMO Pay for cross border treasury flows
📢 Coinbase is under SEC investigation over unregistered cryptocurrency listing
💢 ...The SEC sure has been busy 🙄
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Full buy signal on FTMA full buy signal on FTM after dropping over 90% from the last sell signal. There have been a few Advance signals on the run down but this is the first hard Buy Signal. If you have been waiting to go long on FTM against USDT then this is a good area to go in with the majority of the position size.
FANTOM- Still Bullish💎👻 No tears , No fear, No FUD...
Just chart:
FANTOM on support and an entry for LONG position here.
As explained BTC will most likely rise this week despite the Rate Hikes and GDP:
BITCOIN - Most Likely Will Rise Despite the FUD
Am i sure? No I am not, that's the beauty of trading.
Buy on support, change direction under it.
Support is now.
One Love,
the FXPROFESSOR
FTM Coin Review! Double deal!Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Fantom goes to meet the local resistance!
I expect further removal to the top of the channel.
After you can consider Short!
Not financial advice, just sharing my thoughts!
FTM next target $0.43FTM has very Good News Ahead ! So, $FTM is pumping daily and
In the long run, it is Very Easy to Take 10X to 15X profits from $FTM in the next Run.
According to the last run, FTM gained 70% from its bottom 0.21 USDT.
So, I can see FTM very bullish in LONG RUN at the target
0.43 USDT,
0.69 USDT,
1.05 USDT,
1.52 USDT,
1.72 USDT,
1.81 USDT and
3.50 USDT+ sure