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FORTHUSDT Perpetual Contract

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FORTHUSDT.P trade ideas

UPDATE: FORTH UP 243% after bullish signal 🚀FORTH pumped 243% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). FORTH broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 85. RSI Brown at 123. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently FORTH is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad. Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28
3
FORTHUSDT(Ampleforth) Daily tf Range Updated till 29-07-22FORTHUSDT(Ampleforth) Daily timeframe range. lately btc dominance helped a lot of alt to move freely. lot of money flown into here and there. it created a opportunity for mid and big buyers to buy through consolidation and profit out of move like 29 july 2022. and thats some insanely profitable move. but move like this always comes with a price if position isnt right there are change of getting trapped in a huge wick. and there are lot those in this chart. there are good amount of out of place moves and good difference in its range space. that came from the slow bleeding it had in past. its a high risk and reward alt, need to trade carefully.
by cryptoforever1
3
Ampleforth FORTH - Huge falling wedge is breaking out! +Triangle As you can see, we have a falling wedge on the daily / 3D chart, which is a bullish reversal pattern. This is a fantastic buying opportunity when combined with a local ascending triangle! My Elliott Wave analysis suggests that a main impulse wave has been completed, and that's why I expect a bullish retracement. My main profit target is at the previous resistance (wave 4), or 0.618 FIB. I think this downtrend is over and we should see some bullish price action in the immediate short term! I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
45
FORTH - Ready for a breakout! Channel + Elliott wave On the daily chart, we can clearly see a descending channel / falling wedge, which is ready for a breakout! Buy a breakout above rectangle + 200 MA + trendline of the channel, we have a nice confluence here, that is very important! This coin never made an all time high, so it is safe to set the profit target to 0.618 FIB + end of the wave 4 (High liquidity area). Due to my Elliott wave analysis - Impulse Elliott wave has been completed successfully and we can expect at least a retracement. 200 daily moving average is considered as a massive level by huge instituions and hedge funds. We have a high bullish volume and I don't see any bearish pressure on the indicator. If we take a look at the RSI indicator, there is a horizontal level, so if we break this level, that would be great! Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
12
🆓Ampleforth Governance Token (FORTH) Apr-01 #FORTH $FORTH FORTH is still trying to hold on to the $7 zone and waiting for a strong buying force like early February to advance to the $10 and $12 zones this April. However, if it loses this $7 zone, it will quickly fall to the $6 or even $5 zone and we can accumulate FORTH in these zones for long-term 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 7$ zone 🔴Buy : 7 🔴Sell : 8.5 - 10 - 12 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 7$ zone 🔵Sell : 7 🔵Buy : 6 - 5 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
4
We Really Dropped the BallIM VERY NEW to trading but just wanted to show a pattern I noticed with this token. No one is really posting about this coin so I figured I'd give some insight. All I can say is this as a trading position is pretty bad, but as an investment if you're willing to put your money here and wait another few months (or until next bull market lol) its fine I guess. If it fails to break out of the downtrend soon we're probably heading back down to the bottom of the triangle. I'm just choosing to HODL to see what happens (recently opened a position). Overall if it fails to break resistance there are probably better projects to invest in that yield better gains, thats just the cold truth. However, I'm choosing to be bullish at the current price. I look at momentum shifts, not necessarily technicalities, and if theres any coin that is long overdue for a momentum shift its this one. The facts are this coin has done absolutely nothing for this year aside from go down, a relief rally is long overdue. If it dumps below 8.00 I'd consider taking your losses and investing in a project that actually yields some type of gains. I'm not of the mindset of "be patient" because if you were "patient" at any point this year you'd be at a loss and still waiting. Not to say never be patient, but know when to cut your losses. Look for momentum shifts or reversals. If not, there are much better projects. Lets wait and see!
Long
by BlueJane69
1