Fantom
Fantom (FTM) formed bullish Shark for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin with BTC pair.
Previously I shared a long-term trade setup of FTM , which is still in play as below:
This time on a 4-hr time frame, FTM has formed a bullish Shark pattern. At the moment, after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some correction to buy it from the buying zone.
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
FTM Breaking Support and Looks to Be Heading to Half a CentFTM is Breaking Bearishly below Weekly Support and is also Breaking through the confirmation line of a 3 Falling Peaks Pattern and the next logical level for it to retrace to will be the 61.8% Retrace at 3.2 Cents and the 88.6% Rretrace at Forty-Two Hundredths of a Cent.
I don't really have an entry on this one i just wanted to document the price action of this chart.
Fantom - Levels I'm WatchingFTM - a nice move so far.
I'd enter on a drop to thinner horizontal line - noted on chart.
Above 30 cent area is key for me on a macro scale, would ultimately like to see that attempted before reaching any targets above.
Key S/R flip below that we recently had, providing a bullish environment for the next potential move or consolidation, so long as it holds.
Stay frosty!
V
FANTOM | Train has left the Station..!!
#FTM Descending Channel Upside Breakout & Retest Already Confirmed in DAILY timeframe Chart ✅
Expecting 300-400% Bullish Rally in the Midterm (Just Matter of time)
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FTM/USDT Elliott Wave count 2H TFFantom shows potential for growth and I expect the price to reach the 2.55-2.64 area. At this moment we are in the structure of the 3rd wave of the higher degree (black count), more precisely, I think that the 3rd subwave (red count) of the 3rd wave (blue count) of this 3rd wave of the higher degree (black count) has just finished ) to be finished and subwave 4 (blue count) from wave 3 (black count) should follow. I hope I made myself clear enough, and if you have any questions, I'm waiting for your questions.
Good luck and don't forget to like and subscribe if you think this idea is usefull. Thank you!
Fantom FTM: Detailed Technical ReviewToday you can review the technical analysis on the 1D linear scale chart for Fantom (FTMUSDT).
Fantom price is below the median line in the Keltner Channel which seems to be resistance for a while. I put various Support and Resistance lines on the chart as well as the Ichimoku Cloud which is serving as resistance. RSI, Stochastic RSI, MFI, and Volume are shown in the chart.
If price falls further lower, expand the chart to see lower support lines.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
🔥✅FTM pump: the whales traps last long tradersHi friends! Fantom is making lower lows but the volumes are also falling lower. I marked it on the chart.
✅ This is not common thingand mean that there are no sellers at the market. Also the whales collect enough liquidity and don't let the price fall lower. FTM could make at least the local pump.
📊 The preconditions to open a long:
🔥 volume growth during the DUMP
🔥 squeeze to the trendline
🔥 bullish BTC
🚩 Pay your attention to the first value area of $0.22-0.23. If we see the false breakout or test as the ressistance i recommend you to book at least 50% of profit. If I will see the sign of bull strength+DOM and Footprint wall orders to sell, I close 100% and open the short trade.
✅ The targets for FTM long. 3 value areas:
1. $0.22-0.23
2. $0.27-0.28
3. $0.34-0.36
🚩 Book 50-70% of profit when the price reach 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTMUSDTHello Dear friends
On the 4-hour timeframe, we have a negative channelization movement, and on the other hand, the price is currently very compressed and is in a fixed range.
Considering the maintenance of the yellow range ($0.2157), there is a high probability of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments
✅FTM SQEEZE TO THE TRENDLINE! ONE PROFITABLE SCENARIO🔥Hi friends! FTM have no deep bullback after the test the trendline for the 3rd time. It`s the huge sigh which show to us the pressence of BIG guys. They support the price and don`t let FTM fall lower.
🔥 Possibly they will want co collect the liquidity one more time below the local lows of $0.215 where a lot of sl of long tradrs are placed.
📊 The volume should grow on this manipulation. The volume indicator is the important tools that help to identify the best place of trand reversal. In this case we will understand that the bottom is riched and whales support the price.
Now we can see how the price is squeezing to the trendline. You can also try to open a long now and if BTC will start pumping you can make at least 1:5RR on this trade.
🚩 Personally I use the DOM and Footprint sclaping indicators to identify the support and resistance by the whales and open a trade with them.
✅ The closest targets are the top of the value area $0.26-0.28 and $0.33-0.36.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
⭕Now is the time to buy Fantom cryptocurrency🧨🚀🔰You can see the analysis of Fantom cryptocurrency in the 4-hour time frame (FTMUSDT_ 4H)💣🔍
💥The price behavior is clear in the picture🧐👌 Due to the presence of the price near the DEMAND zone❗, there is a possibility that the price will rise to the Resistance🧡 area🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
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