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FTM

🚀🔄 FTM Spot Trade Setup! 🔄🚀📊 Analysis: Support & Oversold: FTM is currently at a support level, with medium timeframes showing oversold conditions, indicating a potential rebound. Bullish Sentiment: Anticipating a bounce in the altcoin market, with FTM showing promising signs. 📈 Trade Plan: Entry: Consider laddering into a long spot position in the $0.80 - $0.86 support area. Take Profit: Target profits at $1.00 - $1.04 or aim higher towards $1.14 - $1.23. Stop Loss: Set stop loss just below $0.77 to manage risk effectively. 💡 Note: Stay vigilant for price confirmation and adjust strategy accordingly as market conditions evolve. 📈💰 #FTM #SpotTrade 🚀📉
Long
by Richtv_official
FTMUSDT.4HAlright, let's get into the technical analysis of this Fantom (FTM) chart against Tether (USDT) on the Binance exchange from a first-person perspective as a trader. Upon inspecting the chart, the first thing that stands out is that Fantom's price has been trending downwards recently as it's trading below the Ichimoku Cloud. This suggests a bearish market sentiment in the short to medium term for FTM. The price below the cloud often signifies that the asset is in a downtrend and that the cloud is likely to act as resistance on attempts to move higher. The Conversion Line (blue) is below the Base Line (red), which traditionally means the bearish momentum is currently stronger. The Lagging Span is also below the price line and within the cloud, which reinforces the bearish outlook. The pivot points on the chart show resistance at R1 and R2, with support levels at S1 and S2. Given the price is below R1, it is currently acting as a resistance level. If the price begins to rise, R1 is the first hurdle it would need to overcome before we can consider a change in the immediate trend. Conversely, if the price continues to fall, S1 and S2 are levels where we might anticipate potential support or a reversal. The Relative Strength Index (RSI) is around 28.65, which is quite close to the oversold boundary of 30. This could indicate the possibility of a trend reversal or a pullback, as prices often revert back after hitting such extremes. As for the Moving Average Convergence Divergence (MACD), the MACD line is slightly below the signal line, which typically suggests bearish momentum. However, both lines are very close to each other, so I'd watch out for any crossover which could signal a change in momentum. In conclusion, FTM's current price action is bearish, but with the RSI being close to the oversold territory and the MACD lines close to a potential crossover, there may be a reversal on the horizon. As a trader, I would closely watch these indicators for signs of a momentum shift, especially any bullish divergence on the RSI or a MACD crossover above the signal line. Trading near support levels could provide a favorable risk-reward ratio, but it's important to wait for confirmation signals before making any trades, as countertrend trading can be particularly risky.
by MarsSignals
🔥 FTM Fibonacci + RSI Bounce SignalWith BTC selling off, alts are naturally following suit. However, I think that it's more likely than not that alts will bounce soon. As for FTM, this token is currently around 30% down from the top after a massive run-up. The 4H RSI is oversold for the first time since the huge run-up started in January. Furthermore, the price is currently sitting at the 0.382 Fibonacci retracement, which often functions as a strong support during up trends. Target at the current local top of 1.20$.
Long
by FieryTrading
4
FTMUSDT Buy Opportunity!!FTMUSDT a layer1 project, has experienced a significant 90% decline from its previous all-time high (ATH). Currently breaking through resistance, it's on its way to the next level at $0.65. FTMUSDT (1W Chart) Technical analysis FTMUSDT (1W Chart) Currently trading at $0.33 Buy level: Above $0.31 Stop loss: Below $0.25 TP1: $0.38 TP2: $0.45 TP3: $0.5 TP4: $$0.65 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
5
FTM - LONG Setup with resistance breakoutBINANCE:FTMUSDT (1D CHART) Technical Analysis Update FTM is currently trading at $0.4322 and showing overall bullish sentiment Current price is around the resistance zone and looking to breakout from the resistance. The resistance breakout can push the price of the FTM higher and we have a good opportunity for LONG trade Entry level: $ 0.4517 Stop loss level: $ 0.3952 Target 1: $ 0.4688 Target 2: $ 0.4904 Target 3: $ 0.5298 Target 4: $ 0.5683 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
FTM (Macro Picture)FTM / USDT Fantom is one of my favorite coins so far I made alot of signals and calls in FTM recently which ended in nice profits Macro Picture : This is the long term / macro picture which can updated per weeks to months only Mid term targets (wave 3) : 1.8$ - 2.2$ Then a possible huge correction (wave 4) Long term targets (wave 5) : 5.5$ - 8.8$++ If we reached there the holding in this area will considered a risky as the distribution phase will start near there Confirmation : breaking 1.15$ weekly Note : this is my long term view .. in short term strong fluctuations expected to happen DYOR
Long
by Babenski
18
SasanSeifi 💁‍♂Potential Breakout and Future Price TargetsAs you can see from the chart, the price of Fantom is currently trading within a descending trendline at $0.44 cents. If the price breaks and consolidates above the important $0.47 level, we can expect further growth and an upward trend to the $0.66 supply zone and the $1 price range. The important support zone in the long term is $0.38/$0.34 cents. Please share your thoughts and insights in the comments below! I'd love to hear your take on the FANTOM chart.🙌🧐 This is not financial advice. Always do your own research before making any investment decisions.✌
Long
by SasanSeifi
Fantom ($FTM) Price Surges to $1 Amidst Market Volatility Over the past few days, UPCOM:FTM has experienced a remarkable surge, defying the consolidation gripping the broader crypto landscape. With its price jumping to $1.0 and beyond, Fantom has captivated the attention of both seasoned traders and newcomers alike. The Rally Unveiled: Since the advent of March, Fantom ( UPCOM:FTM ) has embarked on a staggering rally, propelling its price by an astonishing 150%. From a modest $0.41, UPCOM:FTM has soared to the $1 mark, with projections suggesting further gains on the horizon. Renowned crypto analyst Ali Martinez, who accurately predicted this rally, now foresees UPCOM:FTM reaching $1.44, underscoring the underlying strength of its upward momentum. A Steep Discount: Despite its recent surge, Fantom ( UPCOM:FTM ) still trades at a significant discount from its all-time high of $3.16, witnessed back in 2021. This discount presents an enticing opportunity for investors looking to capitalize on the token's growth potential. Moreover, with nearly 43% of investors currently holding positions below their initial investment, there exists a palpable sense of anticipation for a resurgence in FTM's value. Market Dynamics: The recent surge in FTM's price is not merely a result of speculative frenzy but is underpinned by tangible market dynamics. One notable development is the reduction in the supply of UPCOM:FTM coins available on exchanges. Since the beginning of March, the exchange supply has dwindled from 655 million to 643 million, signaling a shift towards long-term investment strategies. This decrease in supply correlates with a corresponding price increase, indicating a growing confidence among investors in FTM's future prospects. Long-Term Investment Thesis: The dwindling exchange supply of UPCOM:FTM underscores a broader trend of investors opting to store their assets in cold wallets, away from the volatility of exchange trading. This shift towards hodling signifies a fundamental belief in the intrinsic value of Fantom, beyond short-term price fluctuations. As more investors adopt a long-term perspective, the selling pressure on the market diminishes, paving the way for sustained upward movement in UPCOM:FTM 's price.
Long
by DEXWireNews