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FTMPERP trade ideas

FTM, along the trend line.The following are machine translations: In the 4-hour chart, it rebounded in the medium and long-term period, and the low point of the callback was gradually raised, forming an upward trend line, and this rebound was walking along the upward trend line. At present, a short-term downtrend line has also formed to suppress and step back. The medium and long-term uptrend line and the short-term downtrend line form a triangle shape, which is gradually narrowing, and the direction is about to be selected. A step back to the uptrend line is now possible, try a short long. From the perspective of indicators, the energy column of the macd indicator is gradually approaching the zero axis, forming a bullish trend. The rebound of the RSI indicator is blocked at the neutral 50, and the bears are stronger than the bulls, and they may step back near the oversold zone. In operation, judging from the indicators and the current trend, it is possible to step back on the rising trend line, but at the trend line, the RSI indicator may reach an oversold state, and the macd is still in an upward trend, so do it at the rising trend line. More, looking at the vicinity of 0.42, below the trend line point stop loss.
BINANCE:FTMUSDLong
by LochubT
Luna Vs Fantom (why FUSD is not a good idea)hello everyone, over the last few weeks we have seen a crypto by the name of LUNA collapse, why? here's why and why fantom could follow LUNA Luna first started crashing when its algorithmic stable coin UST lost its peg to the US dollar. how did it lose its peg? here's why: there was massive withdrawals from Anchor ( a terra based decentralized protocol that offers high yields. it is believed that this was a attack on the system that made UST and Luna collapse (death spiral) now that we got that out of the way we have to look at the similarities between LUNA and FTM: basics: both coins are POS (this system uses validators that have a large portion of coins staked) both have algorithmic stable coins (different from USDT that is backed by the US dollar) FUSD and UST are backed up by different things, like LUNA and FTM TA: looking at LUNA and FTM you can see that they have similarities, from the start: LUNA: FTM: LUNA: FTM: LUNA: FTM: LUNA: FTM: LUNA: FTM: i think that FTM is following the same path as LUNA, if this is the case the estimated top is around June 26th, 2023 at a price of $6 (thats how long it took for LUNA to go from stage 3 bottom to stage 4 top)
BINANCE:FTMUSD
by r2d22010
2
FTM Double TopFTM shows a clear double top (bear formation), like other top alts ( in a more shy way). Others show also double top but last peak higher is than the first one (like BTC), but we should imho play safe and considerer double top the same. Due to the delicate macro situation, pre war cenario, inflation, tax rates, sp500 double top, btc domination rise, and so on, I believe 99% of all crypto will go more downwards than up, during a long period of time: 12-18months. I may be wrong of course. Good luck.
BINANCE:FTMUSDShort
by JacintoMonteiro
1