This is the FTMUSD chart and how I do the projection.
I like FTM cos of
1. What it is
2. It is a reliable laggard that moves after BTC or ETH moves
3. It moves more in percentage terms
4. Technical indicators and chart patterns are relatively stable
Do note that there is a target and a top out date/time.
So... here it is! Let's track it!!!
A short foreword. I do believe Bitcoin will come back to retest around the 40k levels. It is currently consolidating in a range with equal lows. Below the equal lows lie a void on the futures chart that has not been filled yet. I'm expecting some sort of manipulation move to the downside then a bounce back up as i'm still overall bullish on Bitcoin for now....
Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Here's an altcoin that I believe has parabolic potential - Fantom . FTMUSDT is no stranger to parabolic bullish cycles. In fact, if we take a look at...
Hello everyone,
FTM broke through its primary trend, this could be the beginning of a new bearish primary trend for FTM.
However, around $1.0 we may have a possible entry for a good 20% profit.
Make sure to do not buy till there is a clear bullish signal such as a high low.
Have a nice trading week.
In this video:
* I chart on the fly with you all so that you can see how I do what I do
* I chart trendlines, levels, fibonacci, and bullish divergence on the 4 hr.
* We can see a longer term swing trade target of $4.00
Best of luck traders!
Fantom has the potential to reach $16 and above. It depends on a few things such as the overall marketcap moving higher, BTC moving higher and continued momentum behind the project.
This had to be a short video, my dinner is ready,
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for FTM, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
