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FTM

BTC- Update a few months laterHi, As you can see...$BTC is still not looking attractive in any sense of matter. The ALT coins are starting to decouple as seen in the previous cycles. IMO we have been in a bear market for quite some time now, waiting on BTC to finally capitulate. A test around $20,000 will offer some amazing risk/reward opportunities on almost all bluechips in crypto. I have over 60% of my portfolio in USD, waiting for the right time to buy. Every dip is not worth buying, no matter which Twitter influencer told you so. I will be splitting my holdings into two groups- Blue Chips and Meta-verse. META- $UOS $VRA $SUPER $PYR $FTM $SOUL BLUECHIPS- $BTC $ETH $DOT $LINK $ADAX $SOL
BITSTAMP:BTCUSDShort
by InvestorJordan
📈FTM: when to open a trade? Is sl collection still possible?📈Fantom(FTM), we have to wait for the RIGHT setup or pattern to open a trade to earn +10%, 20%, 100%, and not mindlessly open trades and lose -2%, -5%, -10%. That's what I'll talk about in this idea. 🚩The key zones on the chart are: 🔶$0.564-0.686 - liquidity gap ⬜$1.15-1.50 - huge value zone ⬜$1.98 -2.45 - value zone The price touched the liquidity gap , and since there are no buyers or sellers there , the price quickly bounced off that area. To open a long it is necessary to wait for the collection of stop-losses, the whales manipulation, of course, with the growth of volumes on the indicator. That' s why local collection of traders' stop-losses below the level of $0.66 is still possible. After that it is possible to open long trades❗ 📍The trendline. When the price touches the global trend line, it is necessary to pay attention to the squeeze. The squeeze shows the willingness of traders to buy and a possible break up soon. You can see manipulation and local stop loss collections sometimes, but the squeeze is one of the most successful and simple strategy I use . 🎯Targets. The first target will be the value zone of $1.15-1.50. If Bitcoin and the entire crypto market will be in uptrend, the price have the chance to reach the second value zone of $1.98 -2.45. Every crypto (BTC or alts) is unique. Fantom, for example, grows very fast, pumping by 10-20%, so don't miss the entry point😉 🎥You have to wait for the right set-up on the chart, not to trade everything you see. Check out my yesterday video review on Bitcoin, it's relevant to all cryptocurrencies!
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by Yuriy_Bishko
2
FTM Analysis - How Low Can It Go?Hello Traders! This analysis for FTM was done at the request of one of our members. I was actually quite Bullish on this crypto last year long before the leader left and chaos ensued. So where is price headed? - To be brutally honest... This is one of the worst charts that I've seen in a while. I can't find a single Bullish indicator anywhere on the chart. I actually think FTM could be trading around 0.20 or less by the end of the year and I'm serious about this. - In the short term I would like to say I think it could bounce considering it's at a support level and has come into this level quick (indicator of potential bounce) but this crypto has underperformed so much that even when a bounce setup occurs it blast through the level and continues lower. ***I really don't have much to say regarding this crypto, if it was me I wouldn't put a single penny into FTM. It's done nothing but trade down with the exception of a couple bounces but aside from that this has got to be one of the worst performing coins in Cryptoland. - For anyone holding FTM, I'm not trying to be abrasive, I'm just giving my honest opinion. ***I suppose you could short FTM but I would caution against shorting period unless you are experienced. ***Let me finish by saying this... - If you are HODL'er of FTM, I would think very carefully about your plans for this crypto. The probabilities of you continuing to lose money with FTM are VERY high especially considering BTC is projected to hit $20K in the coming months. - Personally I learned the hard way and had liquidated my account on several occasions when I first started trading. I left my money in cryptos like ADA, holding on because my emotions told me to. There was no logical reason to it, the charts said otherwise but I was attached to it and couldn't bare taking that size of a hit. In the end I lost all the money invested and learned the lesson of what happens when you allow your emotions to dictate your trading decisions. - Lastly, I don't know if anyone reading is in this particular situation, but either way it's a good lesson to be learned. Charts like FTM will undue months if not years of work saving money to invest. That's all, thank you everyone and best of luck trading!
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by natef1
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