We've hit the daily bloc at 0.7232 and we have been able to continue to the pump
If we can cross the triangle, our Target Resistance
1.24 - 1.65 - 2.00 - 2.61
Get in the next week or two weeks.
Note that this currency is in the Hold Black Rock basket and can see 10 times the price of
The price has a very strong upward trend
And the price is placed on 50EMA and has had a good reaction
Mid-term and long-term targets are determined based on fibo
The entry point can be in 1-hour or 4-hour time frames
Absolutely, trading without implementing a stop-loss strategy can indeed lead to significant challenges and ultimately undermine a trader's success.
The Crucial Role of Stop-Loss in Forex and Crypto Trading
In the dynamic world of forex and crypto trading, where market fluctuations are the norm rather than the exception, the importance of implementing a...
Phantom is in a downtrend with clear LH's and LL's on 15M timeframe and following a trendline drawn by connecting the LH's. There are 2 possible scenarios for entry point, one at fib retracement of .382 with immediate rejection from that level. the other is a would be confluence point of trendline and .382 fib retracement level. Both the scenarios are marked on...
1) Fantom left the upward trend at point A.
2) After the pullback, it continued its downward trend.
3) RSI. On the weekly and monthly time frames, it is not very interesting, it is at the overbought point.
4) In the time frame of one hour, it is normal and almost suitable.
5) But it is in the best position in the daily and 4-hour time frame.
The result:
I don't...
Hello my friends ! 🐺 .
I think everything is clear in the chart , so I make it quick and easy for you guys , we looking for a correction to 0.55$ mark and it could be a nice entry for this bullish wave .
Have nice trades my friends 🐺 .
📊 Analysis:
Support & Oversold: FTM is currently at a support level, with medium timeframes showing oversold conditions, indicating a potential rebound.
Bullish Sentiment: Anticipating a bounce in the altcoin market, with FTM showing promising signs.
📈 Trade Plan:
Entry: Consider laddering into a long spot position in the $0.80 - $0.86 support area.
Take Profit:...
#FTM/USDT is forming the Falling Wedge Pattern in 4-Hour TF!
UPCOM:FTM needs to clear PWL $0.934 major resistance level to gain bullish momentum. Wait for a clear breakout with momentum to long #FTMUSDT.
According to the waves analysis we can expect that price rise again to the green zones. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan follow me for more ideas
Alright, let's get into the technical analysis of this Fantom (FTM) chart against Tether (USDT) on the Binance exchange from a first-person perspective as a trader.
Upon inspecting the chart, the first thing that stands out is that Fantom's price has been trending downwards recently as it's trading below the Ichimoku Cloud. This suggests a bearish market...
With BTC selling off, alts are naturally following suit. However, I think that it's more likely than not that alts will bounce soon.
As for FTM, this token is currently around 30% down from the top after a massive run-up. The 4H RSI is oversold for the first time since the huge run-up started in January. Furthermore, the price is currently sitting at the 0.382...
We’re getting close to the 30 mark on the RSI as well as coming to the bottom of a falling wedge. Sentiment reset and liquidity is flushed. Will we break out to the upside?
t seems like the price is about to break the upper trendline, and now is the time to keep a close eye on FTM! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 1.015$ and take profits at the levels shown in the chart.
Targets:
1. 1.04$
2. 1.095$
3. 1.145$...
Hi guys
Note that the analysis is on weekly and daily time frames and a medium-term trend is considered.
It seems that considering the maintenance of the support area of $0.2719 and the consumption of the resistance areas, the areas marked for buying can be attractive.
What do you think?
It seems like the price is about to break the upper trendline of the triangle, and now is the time to keep a close eye on FTM! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.975$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.04$
3....
