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Fantom (FTM) - August 13

BINANCE:FTMUSDT   Fantom / TetherUS
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(FTMUSDT 1M Chart)
The interval 0.3661-0.4874 is the interval that determines the trend.

Therefore, the key is whether it can rise above the 0.3661-0.4874 division.


(1W chart)
If it drops from 0.2665 and is resisted, you need a Stop Loss to secure cash.


- It has been 4 weeks since the RSI moved out of the overbought zone, and the Stoch RSI has entered the overbought zone.

Therefore, holding the price above 0.3339 is expected to lead to an attempt to break above 0.4874.


(1D chart)
The key is to find support at the 0.3661-0.4874 range and move higher than 0.5835.

Failure to do so, and if it falls below 0.3339, a Stop Loss is required to secure cash.

However, it is supported and can rise near the 0.1892-0.2372 section, so you need to think about countermeasures.


It is located at a price point that is not easy to respond to.

It can be seen that it is almost at the bottom, so if you can withstand the price fluctuations, you will make a profit.

Even so, it is recommended to obtain cash income or increase the number of coins (tokens) held by taking appropriate measures.

If you can lower the average purchase price together through this, you will be able to get better results.


The idea that mid- to long-term investments are not short-term at all is a bad idea.

You need to take psychological stability by lowering the average unit price of purchases in short-term trading or by adjusting the proportion of investment according to price fluctuations.

If not, there is a possibility of selling under the psychological pressure when a full-fledged uptrend is about to begin.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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