- Forming Falling Wedge in 4hrs Time frame.
- Major Indicators Are Turning Bullish As Well.
- Expecting Breakout in Next 4-6 Hours..(Need Some Volume to Break the Wedge)
Buy Around 145-155 Sats
Sell Targets 170-183-199 Sats
Stop Loss Below 135 Sats
Timeframe : 4Hrs
Please, give us your opinion in the comments!
If you like the idea, please,...
Idea is Very clear with 4 hour closing
possibilities that we can touch 100 ema and try to settle above but no one here to give money
so people trying to hold this level just because we are just retraced from breakout or above the Trend line
after closing of 4 hour candle direction is very much clear
Beautiful $FTM breakout triangle !
Still, to reach new prices like the 200 sat supp , 220 and 250 sats, we need :
-strong volume to get us out of this accumulation triangle with medium buys;
I see big price movement in $FTM mid September with a few days before mainet releases.
Happy trade everyone !
Fantom (FTMBTC) started the day with a full green candle aiming for 0.00000186 and higher. If 0.00000186 can be broken the next target will be 0.00000200, over 13% of profits from the current price.
The last target is the 29-July peak which is sitting at 0.00000277 BTC for a total of 55%+ of profits.
We are looking at a bullish RSI and a bullish MACD...
What we seen is that FTM is ready to change the downtrend to an uptrend!
- FTM creates a big hidden bullish div
- It has created a higher low
- low volume
- EMA 9 under the EMA 21
You can take the position over here (161 -163) with a stop loss (150 "lower than the last higher low").
Trying to flip S-->R at ~180sats level, careful since Volume is decreasing...
LH/ LL sequence on smaller TFs
UCTS Sell signal across the board
Unless new volume flows in (crossing above ~190/HH), then we can evaluate for a retest of +~200sats target
Waiting for now
FTM is at the bottom of the triangle and consolidating well. This is also a strong support area and i expect FTM to consolidate here and bounce.
RSI is also knocking the resistance line and lets hope we break it
FTM can bought with a stop loss of 3% just in case to avoid any BTC misadventure.