FANTOM SNIPER ENTRIES

1. Trend Identification:

Start by identifying the prevailing trend. In the case of FTM on the 4H timeframe, observe the formation of a steep ascending trendline.

2. Accumulation of Liquidity:

Recognize areas where significant liquidity is accumulating. FTM's steep ascending trend indicates areas where traders and institutions are actively participating and contributing to liquidity.

3. Wait for Breakout:

Exercise patience and wait for a breakout above the ascending trendline. This breakout signifies increased bullish momentum and potential upward movement.
4. Confirming Breakout:

Confirm the breakout by observing candlestick patterns, volume spikes, or other technical indicators. A strong breakout should be accompanied by convincing confirmation signals.

5. Retest Strategy:

Opt for a retest strategy. Once the ascending trendline is breached, wait for a retracement or retest of the trendline from below. This retracement serves as a potential entry point.

6. Advanced Entry Points:

For more advanced entry points, consider waiting for a retest of a breaker block or order block below the trendline. These blocks often act as additional layers of support and can enhance the probability of a successful trade.

7. Risk Management:

Implement effective risk management strategies. Set stop-loss orders below crucial support levels to limit potential losses in case the trade doesn't unfold as anticipated.

8. Continuous Monitoring:

Stay vigilant and continuously monitor the market. Cryptocurrency markets can be dynamic, so adapt your strategy based on evolving market conditions.

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