Fantom / TetherUS Weekly Timeframe for Long-Term and Swing TradeHI
here we have Fantom (FTMUSDT) analyzed using complete Price Action method where its key levels lies on the Key Fib points and absolutes support and resistances are specified and forecasted the price movement and immediate target Points to aim for
as it is visible this coin is in the initial phases of volume accumulation so once it reaches the One Billion dollars market cap we can expect very good growth from our investment
we have zones and a projection time slabs where approximately we are expecting the market to reach by then.
please comment your opinions
Whitecoin
WhiteCoin Range TradingRecently WhiteCoin has found the bottom at $0.075, where it has rejected 161.8% Fibonacci retracement applied to the corrective wave up after the $0.1 support breakout. Since then price went up and formed the resistance at $0.091, that is 38.2% Fibonacci retracement level.
Overall, XWC/USD stuck between the support and resistance, which mean that range trading is in progress. The consolidation is likely to continue and only break and close above the $0.1 resistance or below the $0.075 support could establish further direction.
Break below the support could push price down towards next support at 261.8% Fibs, that is $0.065, while break above the psychological resistance at $0.1 could be the confirmation of the trend reversal and potentially result in a strong growth.
WhiteCoin VS Bitcoin Approaching Key ResistanceIn the beginning of May, WhiteCoin has found the support at 88.6% Fibonacci retracement level, that is 635 satoshis. Since then XWC/BTC has been going up exponentially and has already reached 2180 satoshis, providing a strong 250% gain over Bitcoin.
But how far can it go, and will it stop growing any time soon? Well, today WhiteCoin has broke above the 61.8% Fibs, that is 1980 satoshis and the nearest strong resistance is at 76.4% Fibs - 2370 satoshis. This level could be the key resistance of the XWC, which should potentially provide more insight on further price development.
While th 2370 satoshis target is expected to be reached very soon, the correctional move down first is also possible. The short term buying opportunities are there, but the key resistance must be watched closely.
BUY THE DIP! BTC-XWC WhiteCoin 100-150% Profit PotentialBTC-XWC WhiteCoin
Buy Zone:
Buy 25% at 0.00000700 BTC-XWC
Buy 25% at 0.00000625 BTC-XWC
Buy 25% at 0.00000575 BTC-XWC
Buy 25% at 0.00000500 BTC-XWC
Targets:
Target 1: 0.00001000 BTC-XWC
Target 2: 0.00001400 BTC-XWC
Stop Loss:
0.00000425 BTC-XWC