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FTMBTC

✳️ Fantom vs Bitcoin 1.1 Months Later...Here is an update for a pair that we shared late November... A little over a month ago. Fantom (FTMBTC) continues with a bullish bias. It is growing slowly and steadily as it should. While uncertainty can be seen with major pairs/altcoins, the smaller ones paint a clear picture. After the low is in, we get a long drawn out accumulation phase before the next bullish wave starts. On the daily timeframe, FTMBTC is trading back above EMA50 giving it mid-term bullish potential. This supports our view of a bullish Q1 2023. We can see similar charts across hundreds if not thousands of pairs. Meaning, higher lows positioned for a higher high since the June/July 2022 low. Some altcoins hit their lows in November and these two are set to grow in the months ahead. Here is the previous chart, 28-Nov-2022, see for yourself: Fantom vs Bitcoin Moves Above EMA50 (85% Target Mapped) It takes time... Patience is key. Namaste.
Long
by AlanSantana
2
Fantom outperform Bitcoin?Hello I'll start to make once per week update from some chart now on, so better stay tuned. Fantom looks really good against Bitcoin as long as price stays on top of that key level which I marked clearly with arrows . You can see from the chart what happened last time it broke that level. If we can't hold the level I let my risk managment do the work and look for new opportunity if the price comes back on top We can also break and retest the level which actually happens quite often if you stay patience Ethereum has also been outperforming Btc for 2 weeks now so that would support this and maybe move some money to alts. Everything depends of the Bitcoin Dominance chart. Let's check some bigger time frame also Not financial advice If you do take trades always use stop loss! 1st mistake novice traders do I don't use them and their ass burned! Check out my previous work "I think bottom is in" -Palén
Long
by PalenTrade
FTM SHORT trade IDEA Hello, due to a lack of volume in the market I haven't been posting as many updates in coins although we are still looking for opportunities everyday. Analysis: In our previous LONG trade, we long from 0.35 to 0.53 netting a 51.93% profit. Our target was the #3 possible breakout on the white resistance line. However, we have been struggling to break past the resistance and are looking likely for a due correction to 0.38-0.41 level (green box). Target: 0.39-0.41 Stop loss: 0.47 (break above ) Timeframe: 1D
Short
by CryptoGao1
Significance of the interval 0.5366-0.6321...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (FTMBTC 1W chart) The key is whether it can rise with support around 0.0000 1686 ~ 0.0000 2029. -------------------------------------- (FTMUSDT chart) (1W chart) The question is whether it can hold the price above 0.4254 and rise above 0.6321. (1D chart) The key is whether it can rise with support around 0.5366-0.6321. Therefore, if it rises above 0.7534, it is expected to show a sharp uptrend. To do so, we need to see if the price can be maintained around 0.4808. A drop from 0.4808 is likely to touch around 0.3339-0.3719. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
1
To get out of the bottom section...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (FTMBTC 1W chart) The question is whether the price can sustain it by rising above 0.0000 2029. ---------------------------------------- Depending on how the candle closes this week, we can see that the HA-High indicator on the 1W chart forms at the 0.4808 point. If the price is maintained above the HA-High indicator on the 1W chart, it is expected to continue its mid- to long-term upward trend. ---------------------------------------- (FTMUSDT 1D chart) The question is whether the price can sustain its rise above 0.5366. If it rises above 0.5366, it is expected to break out of the bottom. A full-fledged uptrend is expected to be possible when the price maintains a move above 0.7534. It needs to be confirmed that it can rise with support around 0.4257-0.4417. If not, it is likely to fall to around 0.3339. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ---------------------------------
by readCrypto