Not enough time to explain this one thoroughly, but I noticed the majority of tradingview ideas are long. There's a high number of oscillators showing bearish divergence with price action on the above daily chart following the 'incredible sell' signal.
On each occasion price action corrected at least 50%.
If you're well into profit now is the time to protect...
One of the few that the UCTS bot is still long
Willing to see if its able to hold/flip ~3200 sats that was never retested since the breakout (Matching .618 fib)
Chilling on a ~360% profit since latest 1D Buy signal
Not aiming for tops or bottoms but trends
FTMBTC is creating a descending channel on the 4h support.IF the price is going to have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h...
FTMBTC showing signs of possible continuation after forming an impulsive up move and a pullback.
The pair holding nicely above the 21 EMA and already formed minor higher low which suggests the possibility and continuation of the bigger up trend.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Is there a pull back coming in the near future for $FTM ?
4hr chart showing a rising wedge, decreasing volume, & reduction in demand (RSI)... this is starting to look BEARISH for me
Take my analysis with a grain of salt as I'm still learning TA
Killing it both on /USD & /BTC pairs
23% up on the 1D vs USD, testing ATH w/ increasing volume (UCTS bullish across the board)
/BTC pair also trying to break from almost a month sideways to the upside w/ increasing volume (still 30% away from ATH)
Expect retest on previous resistant on btc pair and continuation on upward. Fantom ecosystem TVL current growth is exponential against other L1 chain competitor ex: AVAX, XTZ,etc. And there is new platform/protocol that attract more market participant (bridgoor) like AAVE fork (Geist), Tarot (Leverage Farming),etc. I expect there is short term bullish continuation...
15 days ranging between 2.6/3k sats
/USD pair feels like it may restart the way up so feeling confident that may see a new leg up
If happens, then look for volume & a breakout above ~3300 sats w/ target at ATH
Still ~315% in profit since latest UCTS 1D Buy
The Fantom chart is very bullish. This is the same on the FTM/USDT Chart. I entered this trade in July and almost had my stop loss hit but the trade swung upwards and is not stopping till it gets a new ATH.