Largo
FTM Might go parabolic.

Not in a Trade yet because it does looks bearish in LTF but will take risk on this one cause my sixth sense is telling me this is going parabolic very soon.
Not actually Sixth Sense but if you look in HTF Weekly or monthly the chart looks like it have done what should be done in the bottom.
Looks like pretty simple Triple Bottom and i have to add one more thing the next HTF resistance which is around 0.5500-0.6000
I don't think it is going to hold over there because when it was moving from double bottom this resistance didn't worked and then it deviated from it and gets back into the range.
The price action of this Shitcoin is way way more faster than other coins.
You can go to the up move or down move(previous) and watch it closely in LTF.
Most of the times the resistance/support level doesn't work anywhere and just get retested for continuation.
I'll long the 2H trend line breakout or will long the in the red area.
Targeting 0.5
Targeting 0.9
Note: Not a Financial Advice.
Not actually Sixth Sense but if you look in HTF Weekly or monthly the chart looks like it have done what should be done in the bottom.
Looks like pretty simple Triple Bottom and i have to add one more thing the next HTF resistance which is around 0.5500-0.6000
I don't think it is going to hold over there because when it was moving from double bottom this resistance didn't worked and then it deviated from it and gets back into the range.
The price action of this Shitcoin is way way more faster than other coins.
You can go to the up move or down move(previous) and watch it closely in LTF.
Most of the times the resistance/support level doesn't work anywhere and just get retested for continuation.
I'll long the 2H trend line breakout or will long the in the red area.
Targeting 0.5
Targeting 0.9
Note: Not a Financial Advice.
Operación activa
Entered 0.3900.Nota
Holding the trade still..Added some more margin around 0.3850 to settle the entry point.
Why am i holding?
H3,H2 and H4 all closes are bullish so i have to wait for the bearish confirmation first.
Nota
Added the final position cutting if breakdown of red area happens.(not expecting it to)Nota
That's Insane.. That's how Bull market and Alt Season Works.
4 hours of Bear's Work Vanished in just 30 Mints.
This can go wild.
Don't fade the pump please 🥺.
Nota
Its 11:45 I've to sleep placing stops in every position i have.Hoping that it lags around here untill morning.
Nota
As the up only started??Nota
I have to update.What i expected(parabolic move) is not happened yet.
I expect it still but it is taking longer time which is increasing the chance of deviation.
FTM team is working good.
And if it breaks out for more upside that i believe the parabolic move will happen then.
I am long on this with average entry in 3885 and will likely close the position if i feel a deviation incoming.
FTM H4
Nota
Important and urgent Update:A very Intresting Deviation Pattern Caught Be carefull on this one.
What am i doing here?
Adding longs to my position heavily here in the marked area 0.4170-0.4190 for more upside if it gets rejected.
Stopping the trade if that area doesn't hold cauase the deviation pattern is coming.
Nota
added heavily to longs here at 0.4160.Pump here or die.
Risk is managed.
Nota
Added more to longs invalidation is the area.Operación cerrada manualmente
Stopped out that should not be longed.Nota
Fully out of longs here.Will look again to enter.
Nota
Nicely UP on position but i am still expecting more..Also right now FTM is showing volatility while BTC Dominance is at brink of breakdown.
Something cooking??
Operación cerrada manualmente
Closed at 0.49 looking exhausted.(80%PNL with 4x leverage)Will look again if it gives any trigger.
Nota
Closed the long looks like it's going to dip more.Operación cerrada manualmente
Operación cerrada manualmente
Closing it at breakeven not showing strength.Operación activa
Relonged.Nota
Fully loaded on longs stops moved to breakeven.For the uptrend to continue it must push higher from here.
Looks like the area holds expecting a crazy pump if right on idea.
Operación cerrada manualmente
Took some loss here. Doesn't look good btc looks like deviating.Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
