Fantom (FTM) forming Cypher pattern for upto 29.5% profit rally

By moon333 | moon333 | 29 Apr 2021


Hi dear friends, hope you are well and welcome to the new update on Fantom ( FTM ) coin.

On the 2-hr time frame chart, the price action is forming the final leg of the bullish Cypher pattern.

7aP3P0bX

https://www.tradingview.com/chart/FTMUSDT/Scah7HxS-Fantom-FTM-forming-Cypher-pattern-for-upto-29-5-profit-rally/ 

 

Buy and Sell targets:
Buy between: $0.5325 to $0.4925

Sell between: $0.5640 to $0.6396

Stop loss:
The maximum extent of potential reversal zone $0.4925 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 29.5%, and the loss possibility is 8%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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