Ftmcoin
FANTOM the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
FTMUSDT break out of flag patternFTMUSDT
salam dustan
FTM yek arze ba fandamental besiar awli va equsystem fogholade hast k baraye sarmaye gozari vaghean monasebe
az nazare technical
FTM bad az roshde sharpi k dasht, olguye parcham tashkil dade
va dar hale hazer az in olgu b samte bala kharej shode
va target baraye in olgu mile parcham mibasham
nagar ba man movafeghid LIKE yadetun nare
soalatet va nazaratetun ro baram COMMENT konid
por sud bashid
FTM/USDT - Possible Double BottomHello traders and community, today we will tell ourselves shortly about the situation of FTM/USDT
Trend analysis
- As you can see from the FTM/USDT daily chart, the price of Fantom token started stabilizing (range movement) and started forming double bottom pattern (white line on the chart), that's why we can expect upper movement with 60 % probability in short time period of time. As a trader I recommend to wait for correct signal and put short buy position up to 0.55 price level. Today's fibonacci support level (green line) is on 0.34751 price level, resistance level (red line) is on 0.55211 price level and global trend (orange line) is still bullish enough. Wish you good trades with this pair!
Chart pattern
- Bullish Double Bottom Pattern (processing)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal)
- MACD: MAs are prepared for downward movement + they started moving away from each other (Bearish signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is below the level of MA20 and stabilizing (Neutral signal)
= Overall neutral signal movement
Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention!
Tell us about your opinion for making better decisions :)
P.S.: Information provided is only educational and should not be used to take action in the market.