FTM/USDT Elliott Wave count 4H TFFantom looks good to play a long position.
We have a break of the slope trend line also a retest.
Another clue is that It bounced 0.618 fib retracement.
At least for a C wave target is 0.2500.
If you want to play more conservative you can enter on the break above 0.2380
Good luck!
FTM
FTM is going down more FTM is looking bearing...
It's just broken below the neckline of the Head and Shoulders...
If we take the difference between the high and low of the pattern, you'll get the first target of 0.07446.
Most penny cryptos are in trouble as the major Cryptos are leading the pact. And so, with the winter continuing, uncertainty in the market, the collapse of Ethereum after the merge and with Crypto going into a more centralised situation - we can expect the little guys to fall.
FTM is no exception.
FTMUSDT 3D FTM price "make it or break it"Today we will consider the global chart of FTMUSDT on a 3-day timeframe
From 2020 to 2022, a growth trend continued with sky-high %% growth.
In May 2022, the growth trend finally broke down in the liquidity zone of $0.67-0.80
In June - July 2022, sellers and buyers reached a compromise zone - a conditional bottom near $0.20
A retest of the +/- $0.20 liquidity zone is now taking place, and a Double Bottom reversal figure is likely to form
I would like to believe this, because as you can see on the graph, below $0.20 there is a total void of liquidity and the probability of devaluing FTM by 10 times.
Only the fact that:
- May-July 2021 - BTCUSDT price on the bottom +/- $30,000, FTMUSD price +/- $0.20
- May-July 2022 price of BTCUSDT on the bottom +/- $18000 (-40%), FTM price unchanged on the bottom +/- $0.20
That is, it can be assumed that FTM is purchased in a pair of FTMBTC, which gives hope that the Fantom is still interesting to large investors.
And therefore, the growth of the FTMUSD price, at least to the above-mentioned liquidity zone of $0.67-0.80, is completely real, and this is x3 from the current price.
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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 in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.2305
T2 - $ 0.2350
T3 - $ 0.2394
T4 - $ 0.2456
and
T5 - $ 0.2539
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.2231
SL2 - $ 0.2175
SL3 - $ 0.2129
and
SL4 - $ 0.2084
Looking at the CHOP indicator, we can see that in the 4H range the energy is slowly starting to rise, while the MACD indicator confirms the local downward trend.
FTM - Fantom - ghosts of Andre / pick your poison degensFTM - Fantom - ghosts of Andre / pick your poison degens
Last idea attached was range prediction which worked out well, just needed to be stretched out a bit but hey same shit.
THIS IDEA:
option 1 ; yay
option 2 ; poo + extra poo maybe
option 3 ; poo + extra mega poo (not on chart but its like -8373738%
i even put the fractals on for your viewing pleasure.
I have no idea which fractal plays but i feel like one of them will. note the option 1 CMF looks very similar, where as option 2 not so much. RSI could play both ways but option 1 looks a bit better.
Invalidation levels are quite clear ; id play it on a macro scale to those.
note; if option 1 is a go then interestingly avax ran a few days earlier for its first pump. so maybe the nifty move is to all in avax, get that pump to last high, then go all in ftm. ill be trying that anyway if option 1 seems likely.
then again maybe we are in completely uncharted waters and this thing does something novel. theres a good chance of that too. i just use fractals to try and give me some bearing not read the future. that said they often play out very well (until they suddenly don't).
my theory on that is the market makers algos basically run the same programs to fleece the noob leveraged degens
might do a avax chart but this is prob my last until we see where this ship is headed. should find out very soon.
gl
🟢 FTMUSDT - 1D (17.09.2022)FTMUSDT
TF: 1D
Side: Long
Pattern: 78.6 Fib Retracement Bounce
Leverage: 5x
Entry: $0.2483349
SL: $0.2209672
TP 1: $0.2802929
Hold for few days. Should get one giant daily green candle to hit that TP so set limit order at that TP.
You can hold longer if you want but I am just going for the TP 1.
Will not use SL myself, will aim to DCA the position as usual.
🔥 Fantom (FTM): do this if WHALES make a trapHi friends! Fantom is close to it`s bottom as the most of the altcoins. So it`s a good chance to make profit, because the biggest impulse happen after the accumulation at the dip.
Now i see that situation on crypto market is not clear, no trend, a lot of bad news, but a lot of signals that BTC close to bottom. As the altcoins follow the BTC we need to keep an eye on it.
✅ I marked on the chart volume bars growing every single time when FTM reaching the bottom. A big chance that the whales (buyers) buy FTM to sell it higher!
📊 Look for this to open a long:
🔥 collection the liquidity (trap of sellers and buyers) bellow the $0.25-0.28 value area
🔥 volume growth on the volume indicator (the whales are here)
🔥 squeeze to the trendline
🔥 whales BUY orders on DOM and Footprint
🚩 DOM and Footprint are the tools that i use for scalping. They help me to identify the best places to buy and sell crypto with the whales. Everyone can use because it`s avaliable for free.
📊 The targets:
1. $0.28 - the top of the value area
2. $0.33-0.375 - the value area
💻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.
Fantom (FTM) - September 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(FTMUSDT 1W chart)
Whether or not it can move higher than 0.3661 is crucial.
(1D chart)
Resistance: 0.3206-0.3661
Support: 0.1892-0.2372
In order to turn into an uptrend, it must rise above the HA-Low indicator.
So, we need to see if we can rise above 0.3018.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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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 at the high end of the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.2739
T2 - $ 0.2818
T3 - $ 0.2891
T4 - $ 0.2959
and
T5 - $ 0.3053
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.2709
SL2 - $ 0.2664
SL3 - $ 0.2604
and
SL4 - $ 0.2430
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy and the MACD indicator shows a local upward trend.
FTM Spot buyingFTM has come to the HTF point of interest for me where I look for a potential higher low on the daily time frame. although I expected lower prices, the 4h chart is changing the market structure from bearish to bullish so I started to DCA into a spot position on this coin, looking for a potential 40 to 50 percent gain. if the lows at 0.22 cents are breached my idea is invalidated and I will scale out of this position.
FTMUSDT |Overview|Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 In the short term, I see such a scenario, we fought off the countertrend two and go down.
📌Short Stop set for the countertrend, in case of a breakdown, we can test the $3 zone