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FTM/USDT 4HInterval Resistance and SupportHello everyone, let's look at the FTM to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 0.40, if the support is broken then the next support is $ 0.38, $ 0.36 and $ 0.34. Now let's move on to the resistance line, as you can see the first resistance is $ 0.45, if you manage to break it, the next resistance will be $ 0.49, $ 0.52 and $ 0.54. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD indicates a return to the local uptrend, while the RSI with a small price increase has a large move, which quickly reduces the room for further increases.
by cryptodailyuk
🔥DON'T MISS OUT ON SHIB'S POTENTIAL: 3 LONG TARGETS FOR YOU🔥Hi, friends! Bitcoin fall and altcoins fall too. SHIB falls below the important 1076-1102 value area and it's a very bearish signal if only it won't return above it in the coming 2-3 days. 📊 TRADING PLAN FOR SHIB: 1. false breakout of the 965 key level (possibly even 1015 key level will be enough). Stay tuned and subscribe to not miss the entry point. 2. volume growth 3. bullish BTC ✅ THE MAIN TARGETS FOR DOGE: 🔥 1076-1102 - the important resistance and value area 🔥 1295-1333 - the next big value area 🔥 1575 - the key level and local high Let's not forget that we are close to the end of the local bull market and the last Bitcoin pump to HKEX:32 -38k. As you know, BTC not even make a deeper pullback and can reverse from $28k and pull all altcoins up. So SHIB can easily reach targets without a deeper pullback. Watch the close above 1076-1102 value area. 💻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.
by Yuriy_Bishko
6
✳️ Fantom vs Bitcoin 1.1 Months Later...Here is an update for a pair that we shared late November... A little over a month ago. Fantom (FTMBTC) continues with a bullish bias. It is growing slowly and steadily as it should. While uncertainty can be seen with major pairs/altcoins, the smaller ones paint a clear picture. After the low is in, we get a long drawn out accumulation phase before the next bullish wave starts. On the daily timeframe, FTMBTC is trading back above EMA50 giving it mid-term bullish potential. This supports our view of a bullish Q1 2023. We can see similar charts across hundreds if not thousands of pairs. Meaning, higher lows positioned for a higher high since the June/July 2022 low. Some altcoins hit their lows in November and these two are set to grow in the months ahead. Here is the previous chart, 28-Nov-2022, see for yourself: Fantom vs Bitcoin Moves Above EMA50 (85% Target Mapped) It takes time... Patience is key. Namaste.
Long
by AlanSantana
2
✴️ Fantom Looking Like July 2021... 2,180% Wave To Go UP!Back in July 2021 Fantom hit bottom vs Tether (FTMUSDT). This bottom was marked by a hammer candlestick and what followed was a 2,180% bullish wave. This wave lasted 98 days. The bear market started right after and has been going for 434 days. A huge 95% correction (-95.29%) from the All-Time High... If the low is confirmed at 21-November-2022, then the total duration would be set at 392 days. Now, with Fantom looking like July 2021, we have to prepare for the next bullish wave. We have a higher low long-term so a higher high is still in place. It will take years to get there... We are at the bottom now... Once we hit bottom, the only one place left to go is... 👆 Namaste.
Long
by AlanSantana
4
🔥FTM GROWTH WILL IMPRESS YOU: THE 3 TARGETS FOR THIS ALTCOIN🔥Hi, friends! Fantom has been quite the rollercoaster ride in the world of altcoins, with its volatility making it a topic of much discussion among crypto enthusiasts. Recently, there has been a trendline breakout that has many traders wondering what the future holds for this digital asset. While some believe that this break may be temporary, others predict that it will return to the value area once more. One thing is for sure, the $0.53 key level will be a major hurdle for Fantom to overcome as it tries to make its way back to the top. 📊 TRADING PLAN FOR FTM: 1. return to IMPORTANT $0.44-047 value area after the local growth 2. volume growth as it usually happens at the bottom 3. bullish BTC is a must-have for the growth of 99% of altcoins ✅ THE MAIN TARGETS FOR FTM: 1. $0.53 - the key level and local high 2. $0.66 - the key level and local high 3. $0.75 - even number and key level 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
FTM idea sharingFTM has a double-top pattern in the four-hour chart, and the price rebounded after reaching the support near 0.3161, and broke through the downtrend line. - After breaking through the downtrend line, FTM has a chance to appear in a bull flag pattern, and the current price is near the downtrend line. If the four-hour closing price is higher than the downward trend line, you can enter the market with long orders: Stop loss: 0.3954 Take profit: 0.5329, 0.5631, 0.5990 -
by noah_chen
Fantom outperform Bitcoin?Hello I'll start to make once per week update from some chart now on, so better stay tuned. Fantom looks really good against Bitcoin as long as price stays on top of that key level which I marked clearly with arrows . You can see from the chart what happened last time it broke that level. If we can't hold the level I let my risk managment do the work and look for new opportunity if the price comes back on top We can also break and retest the level which actually happens quite often if you stay patience Ethereum has also been outperforming Btc for 2 weeks now so that would support this and maybe move some money to alts. Everything depends of the Bitcoin Dominance chart. Let's check some bigger time frame also Not financial advice If you do take trades always use stop loss! 1st mistake novice traders do I don't use them and their ass burned! Check out my previous work "I think bottom is in" -Palén
Long
by PalenTrade
FTM 1st wave breakout - longtermTLDR - Longterm targets: 5$ and 9$ ------------- As I mentioned in a previous idea, I believe FTM broke the zigzag correction in october of 22. Historically speaking, the Elliott Wave Theory fits like glove on this token, so my selling strategy will be according to that same theory as well, besides the usual indicators. FTM is a low profile token that actually solves problems and the FTX shambles was what prevented the first impulse to carry the price action. It was hinted then and it's obvious now that the exchange's debacle and its native token was a "small" stone on what already seemed back then a clear path to my long term targets of 5$ and $9. They still stand. I don't know how long it will take, but it's now confirmed that the journey already began. ¡See you there! ---------- DYOR
Long
by Zerkaalo
FTM breakout - the $1 is inevitable - shortermFTM just broke the trendline with a retest after a beautiful inverse head & shoulders. I think now we're going to see the 3rd elliot wave, which is in most cases the biggest impulse, according to the Elliot Wave Theory. In a related post I said previously that FTM would very much likely explode, and that $0.22 was a great level to go long (see my related ideas). But in case you've missed it here's another stop before the dollar mark. I know I should have probably made this post earlier: it was clear even at $0.30 back in March, that a long position was still valid and it was a great opportunity to fill the bag. I've opened a long at 0.22 cents and my targets are HKEX:5 and $9. Will FTM go literally off the chart? The answer is brighter each day. ------------------------- DYOR
Long
by Zerkaalo
🔥ONE MORE PULLBACK TO PUMP CARDANO ABOVE HIGHS: THE 3 TARGETS!🔥Hi, friends! Cardano like most of altcoins follows the BTC. I expect one more BTC pullback, so ADA can go lower too. I think that Cardano will pump by +20% at least. 📊 TRADING PLAN FOR ADA: 1. pullback to $0.345-0.3 value area 2. volume growth confirms that the bottom reached 3. bullish BTC 🚩 One more scenario is a pullback below to the $0.32-0.33 value area. It's a deeper pullback that will take the most long traders sl out. ✅ THE MAIN TARGETS FOR ADA: 🔥 $0.42 - the key level and local high 🔥 $0.44 - the key level 🔥 $0.50 - the key level and even number Traders, what is your favorite altcoin to trade? Which altcoin should I pay attention to? Write in the comments! 💻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.
by Yuriy_Bishko
1
AT CryptoScan: FTM second bite at the cherry?Just a quick note that FTM is now looking like a possible breakout for the next couple of weeks/months. After an extended consolidation period, it had worked its way into a long term range and is probably in a squeeze of sorts. It is likeable that the MACD is rising, and better yet, the VolDiv is increasing so much more. So, if this is correct... the second bull run is possible. Early days, but worth to keep an eye on. Potential strong bull rally still baking... wait for it
BINANCE:FTMUSD
by Auguraltrader