#FORTH (SPOT) to ( 2.5 $ ) ?#FORTH
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 2.300, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price higher at 2.260.
Entry price: 2.335
First target: 2.380
Second target: 2.440
Third target: 2.500
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
Forthbtclong
FORTH forming bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ampleforth Governance Token with US Dollar pair.
On a 4-hr time frame, FORTH is about to complete a bullish Gartley pattern.
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
$FORTH/#BTC [#Ampleforth Governance Token]: Resistance_Breakout◳◱ Hey traders, we've identified bullish signals on the $FORTH / $BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0002117 | 0.00025 | 0.0003161 and the major support zones are at 0.0001456 | 0.0001178 | 0.0000517. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Current price: 0.0001799 ₿
▣ 24H Volume: 11.970 ₿
▣ 24H Price change: 3.569%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0002117 | 0.00025 | 0.0003161
◢ Support: 0.0001456 | 0.0001178 | 0.0000517
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : NEUTRAL
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.66 - Bullish
▣ In-depth FORTHBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
▣ Welcome to the home of charting big: TradingView
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$FORTH/#BTC [#Ampleforth Governance Token]: Failure_SwingWe've detected a Failure Swing pattern on the $FORTH / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.0002117 | 0.00025 | 0.0003161 and the major support zones are respectively at 0.0001456 | 0.0001178 | 0.0000517. It is a bullish indication and we may consider buying at the current price zone of 0.0001775 and targetting higher levels.
Technical Metrics :
Current price: 0.0001775
24H Volume: 10.0664 Ƀ
24H Price change: 6.607%
- Pivot Points - Levels :
Resistance: 0.0002117 | 0.00025 | 0.0003161
Support: 0.0001456 | 0.0001178 | 0.0000517
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth FORTHBTC technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here