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.
FTM
ftm ideasbuy back around 0.19 to 0.21. be patient. Also use bitcoin to help decide the next direction in an altcoin. For example, bitcoin stays around 19,000 USD and hold and ftm is back around 0.20 good idea to buy, But if bitcoin is failing past that 17,500k level. Good idea to wait it out. My opinion bitcoin will mostly like stay in this range for a while, But if it breaks 18,300 to the down side my opinion will change. Stay level head and patient. Now is the time to be focusing more on swinging trading taking profits like 30% percent then getting out, and looking for the next opportunity. If your not a trader just keep dollar cost averaging into your favourite altcoins. As always do your reach search, and form your own plan.
P.S I'm not a financial adviser do your own researchh, I'm not reasonable for your loses
FTM 1Hthe FANTOM In addition to breaking the LTb that imprisoned it, it managed to pass through the cloudiness of the Ichimoku Cloud that made the asset heavier and also opened a greenish cloudiness, which means that buyers regained control. Follow the supports and resistance on the chart of 1h
S: 0.2811 / 0.2787
A: 0.2874 / 0.2884
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)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
FTM do or die (long term analysis)FTM / USDT
the coin is testing its massive support in confluences with massive downtrend resistance
– A breakout with strong volume here could send this coin up to 1$ (380% from current prices !)
– A breakdown can send it too but to other direction :-) down to 0.04$ (-80% from current prices !! )
Dont predict ..watch the price action here then react after
Best of wishes
FTMUSDTSTOPLOSS IS MUST
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PAIR FTM
Wait for the Breakout or breakdown Without confirmation of market no trade wait for confirmation
Also Make sure place trade when the 2nd candle after breaking zone breaks the body of previous break candle
LETS HIT THE Target
Control your emotion if you are trader
FTM Possible short scenario FTM has confirmed a double top pattern, but that being said i don't expect it to break past the neckline.
There is a chance that the yellow trendline will hold, but this is dependent on market conditions which are a bit shaky at the moment factoring in BTC and overall tech market.
I do expect FTM to recover quickly after this correction, once again factoring in market conditions!
Bullish fundamentals
- Fantom Maker getting more attention as a top launchpad in their ecosystem
- FTX supporting FTM mainnet, bringing more ftm tokens to the exchange
- Lots of new projects looking for BSC network alternatives like FTM bringing more users into the ecosystem
Feedback is appreciated!
FTM / USDT 4H Interval - Targets and ResistanceHello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.1993
T2 - $ 0.2026
T3 - $ 0,2051
T4 - $ 0.2052
and
T5 - $ 0.2117
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.1924
SL2 - $ 0.1889
and
SL3 - $ 0.1859
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.