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Fantom / FTM analysisFtm pumped almost 300% since Andre Cronje back as vice president of memes at the fantom foundation! FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.54 today with a 24hour trading volume of 650 million dollar. This represents a 15% price increase in the last 24 hours and a 170% price increase in the past 30 days. Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget-friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. while ftm has been on an upward trend since the first week of the year, its price rally in the last week can be attributed to Fantom’s recent integration with the Axelar Network.on Jan. 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network. since we published our first ftm chart and hit all targets (100% gain) its time to look at the chart again and set new targets. ftm successfully broke ascending triangle and broke 0.29 and 0.31 resistance as well. next targets for ftm is 0.65, 0.75 and 0.8$ what do you think about ftm price ? bullish , bearish or apish!?
Long
by moonypto
9
Bifi 250% Gain potentialHello Traders, Today we are looking at the coin bifi. I am going to keep this one simple as I am about head to bed and get some sleep. On the chart you will see this coin is in a symmetrical triangle pattern in which it is pushing to jump out of. The RSI is in a bullish area and not too oversold as of yet. The coin has multiple other indicators showing it is ready for a push our as well. Please see the chart for more details on the take profit area's and the stop loss. This is a spot trade and should be treated accordingly. This coin can be found on Binance and a few other top exchanges. Enjoy, Savvy
Long
by Crypto_Kinfolk
1
Bitcoin ( btc )Btc usdt Daily analysis Time frame 4 hours Target 109.000 $ area Notice , 100.000 $ area is very very important price Maybe btc move up to 98 -99 and can't break the 100.000 $ and come down and rest and reserve energy with rectangle oe flag pattern or etc On the other hand btc will break the 100.000$ line strongly and fly to my target 112.000 $ area We must be patient and watch carefully on chart and listen to good or bad news about crypto to have a good profit
Long
by Habib-Tafazoli
4
Turbo / Usdt BINANCE:TURBOUSDT --- **I See a Bearish Breakout & Retest 📉**: Based on the current market structure, I’m anticipating a **bearish breakout** 🔻. The price has broken through key support levels, and now we're waiting to see if we get a **retest** of those levels. If the price tests and fails to break back above, it could confirm further downside ahead. This type of move often signals a **continuation of the downtrend**, so it’s crucial to be cautious when considering long positions. **I Don't Trust Long Positions Yet 🚫**: At this point, I don't have confidence in **long positions** 💼. The market sentiment is showing signs of a bearish trend, and there's a strong possibility that prices could continue to decline before they reverse. It’s important to stay cautious and wait for confirmation before entering new positions. **Patience is key** during times of uncertainty. ⏳ **Bearish Correction Could Be Seen on the Crypto Market Soon ⚠️**: The **crypto market** has been on a bullish run for a while, but after such a significant move, a **correction** is expected. **Corrections** 🛑 are **normal** in a bull market, and they often happen after a period of strong upward momentum. This is a healthy part of the market cycle, allowing for a **retest** of key support areas before potentially pushing higher again. However, during a correction, prices typically move lower, and volatility can increase 📉. This correction could offer **buying opportunities** 📊 once the market finds new support and shows signs of stabilization, but until then, we may need to be cautious with any new **long positions**. **Bearish corrections** often lead to more favorable entry points later on, but it’s important to wait for a solid confirmation of a bottom before acting. 🧐 **Key Takeaways**: - The market may be undergoing a **bearish breakout**, and a **retest** could follow 📉. - **Long positions** are not recommended at this point. 🚫 - A **bearish correction** is a healthy and normal part of the market cycle, especially after strong bull runs ⚠️. - Stay patient and wait for clear signs of **stabilization** before entering the market 📈. *Disclaimer*: This is **not financial advice** ⚠️. Always conduct your own research and analysis before making any investment decisions. 💡📊 ---
Short
by Wolftrader1337
5
DJT a winner in life. A winner in the market? Hello Traders, Quite obvious large wedge pattern emerging here, with price action sitting on a solid support. If it breaks support below shown on the chart, we will more likely than not, come down between $10 & $11. This would have course be our best entry point. Could it happen? OF COURSE, this is why we do TA! It is to assure we have a plan for all possibilities and minimize risk along the way! That being said, where price action is currently, we could very likely start next week with a green candle and continue it through mid week and if so my plan is to start buying some contracts If the week closes green. Possibly a few if we get two green closes M & T. it’s very likely to break out in the next month or two. Maybe within another 1-2 weeks. If we see a solid green candle close next week. In addition, look at that massive sell volume that couldn’t even break support. My money is on the bounce and then breakout here where we stand! Best of luck and always follow the path of less resistance and have a plan for a diverging outcome! This is law if you want to be consistently profitable! Stay Profitable, Savvys
NASDAQ:DJTLong
by Crypto_Kinfolk
7
This is how you know when to close a position, the right way!So many traders put the pressure of when to close their position on themselves When you have a method with a checklist, you have the earned privilege of putting that responsibility onto the system instead. This removes much of the 'heaviness' associated with trading when things don't go your way I've called the market moves accurately 'turn for turn' backed with solid reasoning Please reach out to me if you're someone who takes the markets seriously Ciao for now ;)
COINBASE:BTCUSD
by Blayno_MTOPS