FTM/USDT - SHORT!Hello everyone, let's take a look at the FTM to USDT chart over the 4 hour timeframe. As you can see, the price is approaching the exit of the designated channel.
Let's start with the support line and as you can see the first support which is currently trading at $ 0.3000, if the support breaks down, the next one is $ 0.2395.
Now let's move from the resistance line as you can see the first resistance is $ 0.3570, if you manage to break it the next resistance will be $ 0.3883, $ 0.4133 and $ 0.4389.
Looking at the CHOP indicator, we can see that in the 4-hour range most of the energy has been used, and the MACD indicator shows that we have entered a local downward trend.
FTM
FTM-USDTIn weekly TF, #FTM looks so weak and I expect to see a drop to $0.20 area, if #BTC doesn't pump.
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✅FTM: false breakout of the triangle! How to trade it?FTM is moving in a triangle, and if bitcoin falls, it will pull the altcoin price with it.
📊What are the preconditions for the price fall?
🔶First of all, the volume indicator shows that a lot of FTM coins were sold out after the huge growth. All these long traders will be fuel for the fall after the triangle breakdown. Additionally 2 other volume growth at the bottom shows us that the some traders accumulate FTM for long but also can be trapped.
🔶A bullish trap that could happen if the price break it up and return to the triangle would be a second reason to open a short. Volumes on the indicator should rise above the average, which will show us selling to long traders, after which it will make them fuel for the fall.
Also, the price could squeeze under the lower boundary of the triangle and break it down without a bullish trap.
🔶The price is now in the middle of the value area of $0.34-0.38, but if the price falls under that area, it will become a huge resistance for the altcoin.
✅Target 1 - key level of $0.3
✅Target 2 - key level of $0.24
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTM/Fantom short signal🔥#FTM
▪️Fantom is overbought according to the RSI indicator, technically it has a chance for a pump, but if you look at bitcoin in a complex, I think you should not hope for growth in the near future.
💎Expect a decline to $0.3000 support
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FTM Short alert
Fantom chart forming a perfect head and shoulders pattern on the daily and 12h timeframe.
The neckline has already been broken, perfect opportunity to short ftm.
Target in the botttom of the wedge (magenta lines) arround 0,2580$.
Plus BTC.D is looking strong and altcoins are being left behind by the investors since they are more risky.
FTM Uptrend BACK ON (unbroken)!!Some were talking about how the uptrend has broken. There you go. It was fake. Now UNBROKEN. Let's pump this baby up!
LET'S GO FANTOMWeekend is coming and it could be a good one.
After such a bad week with news being negative from all sides we find FTM on support and it could rebound higher.
Let's go Fantom!
Remember: today will be volatile so we do have a stop loss here at 0,335
One Love,
the FXPROFESSOR
FTM can be make or break gameIn coming weeks, around 2 -3 weeks we will get the idea of where the market is heading, and based on that we will get the clarity. Publish the possible scenario of FTM.
Under upside, It can go upto 0.6 - 0.7 and $1,
Under down side, it can go upto 0.05 - 0.03 range.
FTM/USDT Price Prediction Up and Down side both Scenarios#FTM/USDT Technical Analysis:-
$FTM High Time frame Sentiment is not bullish but we can see some upward move ( Bearish Retest )
So Don’t Think it will again go 10x-20x and Always book profit time to time in crypto.
Now I am expecting $0.6-0.7 test before Another dump.
White Support line is very important So if this will break then $FTM ready to test $0.05
0.5 Dib Retracement also around $0.9 so this will be Exit point.
No Doubt $FTM is good for Long term but keep in mind Bear market is always bear Market for All Coins.
Support:- $0.3/$0.16/$0.05
Resistance:- $0.42/$0.65/$0.9
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Thank you
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DYOR -- NOT FINANCIAL ADVICE
FANTOMFTM/USDT is now on support zone maybe will test resistance and will go down or breakout and drop down
FTM USDT UPTRED BREAKOUTWe are in LONG UP TREND... IF BTC is stablises on 32K on monthly close, we will see a Bull Run.
FTM/USDT BUYING SETUPvalid retest and EMA 20 & EMA 50 golden cross potential pump movement
Buy zone : 0.427 - 0.388
Target : 0.4523 - 0.4784 - 0.5219 - 0.5643 - 0.6133
Stop : 0.37
FANTOM IS BACK 🗸👻 (7,9$ to Reach XRP)Call me biased or emotionally attached to Fantom... I am!
I will remain emotional and Bullish on spot and leverage but take a not of this:
I am gonna be taking some profit at 0.51 and will be increasing my positions dramatically over 0.52
Yes, 0,51 will be a huge level to be seen.
Overall, I do expect Fantom to reach 5$
I consider it better than XRP and the price should had been 7,9$ if it was at XRPs place on the board. High expectations here.
One Love,
the FXPROFESSOR 👻
FTM time for long?We see huge volume in this triangle - so it's possible a local bottom of this fall.
I expect the bounce to 50 MA as a minimal plan. MA 200 as maximum.
Small SL - so it's a good place for long
fantom short ideaThe price will most likely return to the starting point after being squeezed and reaching the target. We are only looking for a sell position at the top if the price reaches the set level. And in the middle of the move we will not look for buying opportunities. Please enter with the specified loss limit
Fantom touching trend line FTM
everytime we touch this we see it going down, but I think we have the potential to break it now and get higher. Testing right now and also bullish news, dev got back into Fantom team.
Targets: 0.66 --> 0.85 --> touching channel --> +1 (BTC needs to be stronk)
THius is not financial advise information purposes only!
FANTOM - Today's chart we like the most FANTOM, OH FANTOM!
Weekend was fantastic , we came lower early this week but: SUPPORT AT 40 CENTS SEEMS STRONG!
We are Long, stop losses at 38 cents and why not: let it be weekend again. A long one starting right now!
LFG Fantom
One Love,
the FXPROFESSOR