Which of the Multiple Patterns Will Play Out?Hey friends, I’m back with another great coin analysis. Today we’re looking at #FORMUSDT.P. On this coin, we have multiple formations, including the BULLISH WOLF WAVE FORMATION, a potential breakdown of a falling wedge, and perhaps a flag formation as well.
If we take the Wolf Wave formation as our main guide, our first target would be the $2.40 level, which corresponds to the 4th movement in the pattern. The second target, depending on the time frame, would be around the blue line, which is approximately $2.63.
If the flag formation plays out, we could potentially see a price range between $2.80 and $3.10.
Let’s watch and see how it goes. My long position is active with some leverage.
Let’s fish and see what happens! 🎯
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #FORMUSDT #Binanciega
FORMUSDT.P trade ideas
FORM SHORT SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
FORMUSDT - SHORT TRADE IDEA - Breakdown Of Internal Structure...In this video, I demonstrate how AriasWave can help identify structures within patterns, even with limited data, to develop trading ideas. I also break down a short trade setup for this newly launched project.
Short Entry: At Market.
Stop Level: 1.95
Target: 1.47
#FORMUSDT: Quick Breakdown of a Long Setup!📉 Long BYBIT:FORMUSDT.P from $1.9037
🛡 Stop Loss: $1.8313
🕒 1H Timeframe
⚡️Overview:
➡️ Current Price: $1.8831 — this is where BYBIT:FORMUSDT.P is trading right now.
➡️ The price recently dropped from around $2.0000 to $1.4000 — a sharp decline! But then it started recovering and is now in a consolidation zone.
➡️ Volume: At the bottom of the chart, you can see volume bars. There was a particularly large volume at the $1.4000 level, where the price reversed. This suggests a lot of activity — possibly big players starting to buy.
➡️ Key Levels: The right side of the chart shows important price levels:
➡️ $1.8313 — stop loss to protect us from losses.
➡️ $1.8932 and $1.88313 — the nearest resistance levels that the price needs to break to move higher.
➡️ $1.7464 — a support level below, in case the price goes down.
🎯 TP Targets:
💎 TP 1: $1.9690
💎 TP 2: $2.0400
💎 TP 3: $2.0890
⚡️ Plan:
➡️ Entry Point: $1.9037 — this is the level to enter the buy. The price is currently slightly below ($1.8831), so we need to wait for it to rise to this mark.
➡️ Stop Loss: $1.8313 — if the price falls below this, the trade will close with a small loss to minimize risks.
Risk/ Reward: If we calculate, the distance from the entry to the stop loss is $0.0724, and to TP1 — $0.0653 (a ratio of nearly 1:1). To TP2 — $0.1363 (1:1.88), and to TP3 — $0.1853 (1:2.56). This is a good profit potential if the price moves up!
📢 The BYBIT:FORMUSDT.P price just bounced off the strong $1.4000 level, where there was high volume. This could be a signal that big players started buying, and the market is ready to rise.
📢 The $1.9037 level (entry point) aligns with the POC (Point of Control) — the zone with the highest trading volume, which often attracts the price.
📢 If the price breaks the resistance at $1.8932, it could easily reach $1.9037 and then move toward our targets.
🎯 How Does This Signal Relate to the Market?
The recent news about the resolution of the #Ripple vs. #SEC case, which I wrote about earlier, creates a positive backdrop for the entire crypto market.
➡️ When major projects like #Ripple gain clarity, it adds confidence to investors.
➡️ Altcoins like BYBIT:FORMUSDT.P can catch this wave of optimism.
➡️ If the market continues to rise, BYBIT:FORMUSDT.P has a chance to break resistance and move toward our targets!
➡️ Important: The crypto market is volatile, so don’t forget about risk management. Don’t risk more than 1-2% of your deposit on a single trade.
FORM/USDT Analysis: Beginning of a Bearish Trend?After its recent listing on Binance, the coin formed a strong level at $1.90 with multiple touches. Today, an attempt was made to break this level, resulting in numerous anomalies on the cluster chart and the formation of a strong volume zone at $1.93–$2.
If this zone is tested and a strong selling reaction appears, we open a short position. If there is no reaction and the price consolidates above this zone, it will confirm the buyers' intentions. In this case, we expect further upward movement and treat this zone as a mirror support level.