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Ftmusd

Fantom FTM - Time for the bullish action! Elliott Wave + 200 MA On the daily chart we have an impulse Elliott Wave that has been completed and because of that, I expect an ABC retracement to the upside! A very strong resistance is at 1.13 - 1.00 USDT, we have a great confluence in this zone as you can see on the chart. Confluence: start of the gap + end of the wave 1 + end of the second wave 1 + 0.618 FIB retracement + 200 daily MA + psychological level 1.00 USDT. Price is printing a local descending channel and if bulls can break through this channel, then we can definitely go higher! Overall structure on the daily chart is bearish and I recommend only a short term counter trade here. I expect tremendous pumps for selected altcoins, you can find them in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
FLong
by UnknownUnicorn2537518
23
Fantom (FTM) - July 2hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (FTMUSDT 1W chart) Whether or not it can move higher than 0.6947 is crucial. To do this, it is necessary to check whether it can be supported above 0.0160. (1D chart) The key is to find support and move higher above 0.2600. If not, it is likely to lead to further declines. When a wiggle up and down to the 0.3438-0.4254 section, it is expected that the ascent will begin to rise above 0.6947. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
F
by readCrypto
1
FTM/USDT - Potential Short ScenarioHello Traders! FTM continues its downward price formation. Currently, the asset is testing the support level of $0.27. The appearance of convergence on a two-day timeframe confirms the strength of a downtrend, the aggressive continuation of which will send the price to new support levels. Soon we can assume that the downward movement will culminate in a withdrawal of $0.1025. We can search medium-term entrances in the price range of $0.1025 - $0.1530. The targets will be the price levels of $0.27 and $0.43 Good luck, and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
FShort
by UnknownUnicorn10064030
Fantom (FTM) - June 19hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (FTMUSDT 1W chart) Below 0.6947 is likely to be a mid- to long-term investment area. So, whether it can move higher than 0.6947 is the key. (1D chart) Whether or not it can rise above 0.26 to receive support is an important key. In the short-term and medium-term perspective, it needs to move above 0.4254 to turn into an uptrend. It appears to be entering the realm of long-term investments, falling below 0.26. Therefore, if you want to invest in this coin in the mid- to long-term, it is possible to increase the number of holdings corresponding to profits through short-term transactions. In the short term, you should buy when it falls and when it rises higher than the purchase price, you need to sell as much as the purchase principal (+ transaction fee X 2) to increase the holding quantity. To do this, if you have to do it with a small amount, you need to buy in 10 installments or more. It is important not to hold the purchase amount by increasing the number of installments by selling when you can. These trades should continue until they turn into an uptrend in the short and medium term. If you look at the current chart position, it is a position that has merit in terms of price. However, it is not easy to trade as the price is likely to fall further. However, if you do nothing, you will likely end up buying at a higher price point, so I think it's a good idea to start trading the way I've been told above. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
F
by readCrypto
3