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FTMBTC trade ideas

Fantom Trade Signal @AlanMasters [FTMBTC](116%)Here we have a quick trade signal for Fantom (FTMBTC). This one is looking good with prices challenging MA200 and plenty of bullish action. If prices drop we remain bullish after the drop (blue arrow). If prices below our stop-loss we close the trade. This is not financial advice. --------- Fantom | FTMBTC BUY: 0.00000045 - 0.00000050 NEXT SUPPORT: 0.00000041 TARGET: 1) 0.00000054 2) 0.00000062 3) 0.00000074 4) 0.00000083 5) 0.00000095 6) 0.00000108 PROFITS POTENTIAL: 116% (Buy calculated at 0.00000050) STOP: Close weekly below 0.00000040. --------- Thanks a lot for reading. Your support is truly appreciated. Namaste.
Long
by AlanSantana
8
FTM ANALYSIS: PLAY THE DOWNWARD TRENDFTM ANALYSIS: FTM is trending in a downward channel and has been bouncing off a clear trend line (except for 2 small fake outs). This is great opportunity to play the channel. Buy entry would be off the trend at 80-85 sats. The main target is to clear the recent top at T1 of 92 sats. Upon clearing that, FTM can break for T2 at 102 sats. T2 is positioned at the top of the channel. This is a Rea spot to watch. I expect rejection and would recommend to take 50% profit by this point. If FTM does manage to break the break look for a break to resistance at T3 of 118 sats! Possible Entries: 80-85 sats
by altchicasignals
FTM / BTC Daily possible secret huge break out! Let's see...Fantom has potential some big fireworks plan in the future! I have seen this before! I Will tell you: * Mates, take a look at my post on BQX 21-12-2019 and the next action 01-01-2020 Huge first breakout and an month later the real big breakout * Everyone looking to the falling wedge, sow, the real question is for the marktmaker, how do I Shake off the traders? Right! Break down, go some sideways action and if we reach the former contact points and than big volume breakout. BQX was around 21-12-2020 a very nice example! Will not say that this realy will happen but think like it's good possible and it's good to manage! * Volume is growing * RSI is realy low, a lot of growth to the north is possible. * Deviation is in play now. Keep an eye on this one mates!
by Marcelvv
2
Fantom FTM FTM/BTC Possible short/medium term bottom reversal? This is a riskier trade, as FTM has been in a clear descending pattern since it was listed on Binance. However, there are some signs that a possible short term reversal may be soon approaching. We have the first sign of a bullish divergence on the daily and all smaller time frames. Volume accumulation is also clearly increasing in the last month as the price has fallen, typically indicating something may be brewing. We're currently at the bottom range of a descending channel. The price must hold in this region or this idea is invalidated. Possible short term targets are indicated by the yellow lines. If FTM is able to close above both these targets, then that would indicate a new higher low has been formed and stronger chance of a much larger bull run. Again, this is a high risk trade so manage appropriately and set a tight SL. This is not financial advice.
Long
by ninjacookies