Hey Guys… How are you today? 👋👋
It's a new day and I want to talk about FTM (Fantom)…
✔️ Before that, I want to remember It's not financial advice.
✔️ I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
It's my duty to tell you something honestly.
But, first, I ask you to Like my analysis, follow...
Repeating Patterns Signal Potential for the Cryptocurrency "Fantom" to Experience Rapid Price Drops Again: A Shorting Opportunity with Short-Term Profit Potential. This article displays the observed recurrence of significant price dumps in FTM, presenting a potential golden opportunity for shorting. Traders may consider capitalizing on the anticipated price...
FTM/USDT SHORT IDEA
FTM puked along Bitcoin
If we can reclaim the line above CMP I expect some consolidation before spiking up and filling the FVG above
afterwards I expect a rejecttion to the downside
If price gets above the HTF downtrend (trendline) we could move higher. (invalidation point)
The short for Fantom is starting to play out to the downside. Measured move to 0.4798 then down to 0.435. Yah know my T.A is on point, its going to happen stay tuned....
STOPLOSS IS MUST
HOPE YOU LIKE MY SIGNALS SHARE WITH FRIENDS WITH STOPLOSS
PAIR FTM
Wait for the Breakout or breakdown Without confirmation of market no trade wait for confirmation
Also Make sure place trade when the 2nd candle after breaking zone breaks the body of previous break candle
LETS HIT THE Target
Control your emotion if you are trader
the market consolidated for a while, was thinking of closing my position but luckily I didn't. almost on my target area
now I'm looking for a possible reversal.
ps:
not a pro trader please dyor
FTM/USDT is GET the good setup for SHORT POSITION by PULLBACK to bullish trend line & RSI in 15M Time F
You Can get This Position With 7X LEV
GOOD LUCK & Don't Forget to set the SL & TP
This trade is a pullback to be traded on the 30 min time frame not 5min; it's a pullback trade so be cautious and just set the profits as mentioned in the title. my leverage X7 on ftx
FTM has reached resistance, invalidation at ~ $2.95. This is caused by hype on social media and you can make money by shorting this in this zone right now.
Make sure not to overleverage as the value of the coin is small and the volatility & market cap require you to have a good plan and breathing space in order to execute this trade right.
