FTM
MY FTM LONG TRADEFTM broke the downtrend line, broke right through resistance, created new high.
Now, FTM pulled back to retest the broken resistance turned support and trendline, and it rejects both.
I bought FTM right there with my stop loss below the wick that rejected the support.
Let's see how this trade will end.
FTM Potential Swing Long Set Up UpdateAs predicted $FTM did bounce from 0.382 fib level and has gone up 26% since. Do take profits along the way and I do expect this coin to come down in the short term and potential comeback down to the 0.382 fib level in which those who have not entered or bought this coin will have the opportunity to buy it back at a lower price.
FANTOM- Break the 1,40 and FLY!Fantom lost momentum with the whole Cronje conspiracy but it will rise again.
Our updated chart shows we are still in trouble under the 1,40 resistance.
Once that is breached over we could experience a nice flight higher.
Fundamentally we are still GREAT! Check this out:
Fantom Sees 4,200% Growth in Smart Contract Deployment as Price Remains Unchanged, Data Shows
One Love,
the FXPROFESSOR
FTM Weekly OutlookScenario 1:
FTM continues it's downtrend. Potential reversal at 0.63 - 0.68 range at the bottom median line of the main Pitchfork.
Scenario 2:
FTM has reversed course and tries to break out of the downtrend at it's current location. Price target to center median line start at about 1.90. It's a sloped line so price could go higher to reach center median line as more time passes.
Long term bullish scenario:
FTM reaches the top median of the Pitchfork.
Long term bearish scenario:
FTM doesn't survive the rug-pull.
TRX, key level BREAKOUT! Is it a chance to open LONG?Tron(TRX)is now squeezing to a key level after testing the trend line several times.
Each test of the trend line was followed by an increase in volumes. This means that the bulls are buying and waiting for a break up.
A break-up is very possible now, because we are approaching the level in small candles, which is a bullish signal.
After the FALSE breakout it will be possible to open long positions with the minimum target of $0.66-0.68.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
TRX, where will the price go? TWO scenarios!Tron (TRX) are consolidating in the area of the biggest horizontal volumes and a large triangle. How to know where the price will go?/
It is necessary to pay attention to exactly where the price will start to squeeze - that's the key!
If we see a squeeze to the upper trend line and Bitcoin also shows strength, we will continue strong growth.
If we see a squeeze to the lower trend line, most likely, the price will go down.
We need to be very careful now, as the TRX are in consolidation and a breakout in any direction, can trigger a strong rise/fall.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.