FTM/BTC - Fantom: Failure Swing◳◱ On the $FTM/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.00000841 | 0.00000871 | 0.0000094 and support near 0.00000772 | 0.00000733 | 0.00000664. Entering trades at 0.00000806 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Fantom
▣ Rank: 73
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Fantom, founded in 2018, is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains. FTM, the project's native token, is used for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM. The network's independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the "Lachesis Protocol." Lachesis can provide security to multiple other layers, the first of which is Fantom's EVM-compatible smart contract chain called Opera. The project's goal is to host an ecosystem of execution layers while enabling them to feature fast and cost-efficient transactions derived from the benefits of the proprietary Lachesis Protocol.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000806 ₿
▣ 24HVol: 27.467 ₿
▣ 24H Chng: 3.599%
▣ 7-Days Chng: 2.63%
▣ 1-Month Chng: 22.76%
▣ 3-Months Chng: 32.72%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000841 | 0.00000871 | 0.0000094
◢ Support: 0.00000772 | 0.00000733 | 0.00000664
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.83
▣ Last 90D: 1.55
▣ Last 1-Y: 0.10
▣ Last 3-Y: 0.68
◲◰ Volatility :
▣ Last 30D: 0.60
▣ Last 90D: 0.93
▣ Last 1-Y: 0.89
▣ Last 3-Y: 1.45
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth FTMBTC 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!
◲ Disclaimer
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FTM
FTM/USDT 1DInterval ChartHello everyone, I invite you to review the FTM chart on a one-day interval. As we can see, the price has broken the downward trend line, above which the price movement is currently maintained.
When we look at the EMA Cross 10 and 30 indicator, we can see that the red EMA Cross 10 line has crossed the green EMA Cross 30 line from below, which indicates a local return to the uptrend.
Looking at the current price increases, it is worth moving on to determining the resistance that we should take into account. And here there is a strong resistance zone from $0.56 to $0.66, only when the price overcomes it and then tests positively should we see an upward movement to the level of approximately $0.97.
In the second direction, you can see how the price stays above the newly formed support at $0.42, then you can see support at $0.32, and then you can see how $0.25, which previously maintained a move in one and the other direction.
The RSI indicator shows an upward movement with room for the price to go a little higher, but caution should be exercised because the STOCH indicator reflects at the upper limit, which may limit the growth.
FTM (Y24.P1.E1). Going long entryHi traders,
FTM has been difficult at the least to figure out what its doing.
Having a potential level to go long has confluence with MA's and this potential TL.
The difficulty is with knowing what BTC will likely do.
Having said that, this level does make sense.
All the best,
S.SAri
🔥 FTM Cup & Handle Pattern: Patience For Break!As BTC pushes up, FTM and many other alts are experiencing bullish moves as well.
As for FTM, it appears to be forming a huge cup and handle pattern. A risk-averse trader would want to wait for the price to break through the neckline around 0.575, a risk seeking trader can already make an entry now, accepting the fact that it's a much riskier trade.
Personally, I think that FTM will make comeback in the next few months, hence the target at 2$.
📈 FTM - Testing Range Resistance for Potential Breakout! 🚀
🔄📈 FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! 💹🚀
📊 Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025.
Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support.
Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750.
Stop Loss: Scenario-specific stop losses.
Take Profit: Next resistance levels at $0.45 - $0.48 and $0.55 - $0.60.
📈 Trade Strategy:
Scenario 1: Entry after breakout confirmation.
Scenario 2: Entry on retracement and retest.
Risk Management: Tailored stop losses for each scenario.
Take Profit: Targeting next resistance levels.
🚨 Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! 🔄🚀 #FTM #TradeAnalysis #Cryptocurrency 📊💹
The last word is the rise, but the breaking of the range is moreIn this analysis, we take a second look at the important support and resistance ranges of this currency, and we have specified the signal for friends who are risk aficionados.
Also, for friends who have this currency, we specified important limits for reducing the average.
In this analysis, we mentioned the safe entry for the medium term, that by breaking this resistance range, we can consider 350% growth for this currency.
FTMUSDT.1DBased on the provided data, FTM (Fantom) is currently trading at $0.36 against USDT.
Looking at the 4-hour timeframe, the RSI (Relative Strength Index) is at 54.49, suggesting that the market is relatively neutral, not in overbought or oversold conditions. The MACD (Moving Average Convergence Divergence) is at -0.10, indicating a bearish signal. The Bollinger Bands indicator is at 0.3954, and the price is below the upper band, suggesting a potential downward movement. The first, second, and third support levels are at $0.3480, $0.3440, and $0.3223 respectively, while the resistance levels are at $0.395, $0.4177, and $0.4468.
On the 1-day timeframe, the RSI is at 44.71, which also suggests a neutral market. The MACD is at -0.0122, which is a bearish signal. The Bollinger Bands indicator is at 0.4170, with the price below the upper band, indicating potential downward movement. The support levels are at $0.3475, $0.3036, and $0.2780, while the resistance levels are at $0.4151, $0.4500, and $0.4660.
On the 7-day timeframe, the RSI is slightly higher at 53.86, still suggesting a neutral market. The MACD is at 0.029, indicating a bullish signal. The Bollinger Bands indicator is at 0.5144, with the price below the upper band, indicating potential downward movement. The support levels are at $0.3110, $0.16, and $0.075, while the resistance levels are at $0.55, $0.66, and $0.96.
Based on this analysis, FTM seems to be in a neutral to slightly bearish trend. Short-term traders should be cautious and watch for any breakouts above the resistance levels or break downs below the support levels. Long-term investors may want to watch the 7-day MACD for a sustained bullish signal. However, this analysis is solely based on the provided data. It's crucial to consider other market factors and conduct further research before making any investment decisions.
Ftm/Usdt Trying For breakout FTM/USDT is currently attempting a breakout on the 4-hour time frame. In the event of a successful breakout, there is potential for a bullish move ranging between 30% and 60%. However, it is important to note that this information is not to be considered as financial advice. It is recommended to conduct your own research and analysis before making any investment decisions.
ftm getting ready for another leg higher seems like getting ready for another 50 to 55% bullish rally
trend is up and strong currently breaking falling wedge consolidation in h4 timeframe incase of successful breakout expecting solid bullish rally towards 0.55 to 0.60$
keep eyes on ftmusdt for successful breakout
FTM Bullish After Breakout!FTM has broken out of the massive trendline and has now reclaimed the Anchored VWAP. if this bullish price action continues, we can see another 25% increase in price to the VAH. The POC is the next major resistance so if you enter a long that would be a great TP1.
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FTM/USDT Key Support Bullish reversal?👀🚀Fantom💎 Yello Paradisers, let's zoom in on #FTMUSDT! It's caught in a fascinating moment, right at a pivotal support level, sparking whispers of an upcoming bullish leap.
💎 Taking a closer look at #FANTOM latest moves, we've seen it dipping to fresh lows, painting a somewhat gloomy picture. But don't let that dampen your spirits! There's a silver lining here: the stage is set for a bullish turnaround from the key support mark of $30.78. Holding firm at this ground could launch us into a bullish bounce, challenging any resistance that lies ahead.
💎 We, the quick-witted traders, are always on our toes, ready for whatever comes our way. If #FTM doesn't kick off the rally we're rooting for, we're eyeing a plan B at the support backup of $3.58. Should things slip below that, it might signal a deeper dive into the bear zone.
The danger in the FTMUSDT chart!!!Firstly, what I'm about to convey is not to be considered as investment advice; it's merely a cautionary note. When examined on a 4-hour timeframe, a significant and noticeable Head and Shoulders (H&S) formation is observed in the FTMUSDT chart. The first indicator supporting this formation is volume. Upon examining the volume, you can notice a visible loss of strength. To further confirm this, if you want to be more certain, compare the volume of the candles forming the left shoulder to the volume bars forming the right shoulder. You'll see that the left shoulder's candle volume is stronger, whereas the current right shoulder has lower volume. We also supported this with our second indicator, which is the RSI (Relative Strength Index). There is a noticeable decline in strength in the RSI as well. In summary, while these three signals don't definitively predict a downturn, they indicate that FTM could be significantly impacted in the event of a potential market decline. If you hold it, please exercise caution. Good day and profitable trading.
FTM Long term Analysis - Buy the Dip at and below 0.32FTM on the weekly chart is coming down to my Buy the Dip zone at 0.32.
I will be accumulating FTM for my long term portfolio at 0.32 and below. I will also open up high leverage trades between 0.31-0.32 levels based on my HLTS system signals (pink and yellow arrows on my charts).
My first target 0.56 for profit taking. 2nd one is at 0.82. My longer term price target for FTM is at $2.
This is a weekly chart so it will take some time to play out. Not a financial advise. DYOR.
Fantom: Recovery? 🩹The Fantom price has managed to slow down its decline a little. Our primary expectation is that it should recover soon and continue its rise. After all, the magenta-colored wave (3) the coin is currently working on should continue well above the $0.65 resistance level. Only the 35% probable alternative would see a different course. It considers the upward swing that the price has made since October as merely part of the substructure of the magenta-colored wave alt. (2) and would require a drop below the support at $0.16 before this move is completed.
FTMUSDTBINANCE:FTMUSDT Long idea
2 entry point
4 targets
❌every TP can act as a resistance and dump the price
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
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