Fantom in descending wedge scaring away all evils 👻💀The price is in an interesting region on the Pitchfork fork.
And MACD is confirming uptrend.
A good time for entry I believe is at 50% of Fibo correction.
The uptrend will expand upon breaking above the wedge.
Against Bitcoin, the asset is also at an interesting moment.
We had a rejection of the last support breakout, and consequently a diagonal resistance breakout.
FTM
FANTOM - Depending TA on interesting trendHello trading friends,
Depending on TA FTM are an interesting zone.
We will follow the coming time trend to see how it will play out.
# know when to take profits on any coin
Have good time
- This is not a trading call - trade only depending on your setup.
FANTOM (FTM)FANTOM is one of the famous projects with high volume of exchanges in the cryptocurrency market.
With the improvement of our network, we will soon see its emotional rise and we will see the range of $ 5.
BINANCE:FTMUSDT
FTM hit my targetHey guys, in my earlier FTM post I said that FTM will touch 1.60$, the yellow line. It got rejected and its trying now again.. lets see if it can hold
FTM PUMP 15/03/2022 FTM has dropped 50% since 02/03/2022 after key personnel associated with its project announced departure, this has left FTM near an area not touched since 09/21.
Looking at the 6H chart, we have Bullish Divergence + Hammer Fractal (currently this is still Subjective until a clear break in Market structure)
As the market has overextended to the downside - an automatic rally was very likely.
As a trading idea, price would need to be > $1.30s as this would clear a key level and the 50ema
I am early in my development in charting, any tips to improve would be very helpful - Many thanks :)
FTM TO REACH PREVIOUS HIGHS 🥷🏻Greetings,
Today we're looking FTM. Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. During May 2021 whilst all alts were booming, FTM went from 15c to 94c, then went back to 15c.
In the short term i'm keeping a close eye on the upwards parallel channel that it is working in. If the market structure changes and falls out of this pattern I will act accordingly. Below is a longer time frame of FTMUSDT - We can see the all time high currently sits around $3.40.
Buy Zone
$1.42 - $1.48
$1.48 - $1.55
Targets
$1.78
$2.06
$2.34
$2.58
FTMBTC Chart - We can see here that FTM has really not moved much from it's low support against BTC. Which is great sign and shows a huge upside potential.
FTM can only reach previous highs if Bitcoin continues to see green candles, btc controls the markets price.
Remember, nothing is guaranteed, control the controllables.
Mogues
FTM trading setup idea! 💡FTM trading setup idea! 💡
Enter the trade by checking yourself. 💥
Do not put more than 2% of your capital at risk! ❌
Do you think this scenario will happen?
Fantom maybe has a shortIf the green trend line breaks and a pullback occurs, we can expect a drop to touch imbalance at $ 1.48.
Important:The red line in Ichimoku (tenkensen) should also go above the candlesticks and play a resistance role.
FTMUSDT Trading planMinor wave 1 looks to be completed. Playing a short on FTM on the retracement and swinging Long on the key levels of Wave 2
short trem ftmwe have good failure and stabilization and we will witness the price growth in the coming days
$FTM Breakout & Retest Done - Trade Idea for Swing & Day TradersHi Traders;
$FTM Inverted Head & Shoulders Breakout and Retest of Neckline Done, Entry at those levels and Targets are mentioned in the chart.
STOPLOSS 1 Day Close Below 1.1$.
NFA, DYOR? and Good Luck.
Tell Me what do you think in the comments? Press that like button to show support.
Ftm a candle close above this line!I don't really know why but sometimes coins do this thing where it wicks above a certain price but doesn't close above it but once it does people start pumping it high above that certain price. its like a resistance but isn't. I find it weird but I've seen it happen quite some time in btc and different coins. Ftm is already bullish to me. To know why look at post below. Im not opening a leverage trade since there is no target about this. You guys can choose what to do. DYOR NFA
The FTM continues the local upward trendHello everyone, let's take a look at the FTM to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.45, if the support breaks down, the next one is $ 1.37 and $ 1.31.
Now let's move from the resistance line, as you can see the first resistance is $ 1.68, if you can break it the next resistance will be $ 1.86 and $ 2.08.
Looking at the CHOP indicator, we can see that in the 4-hour period, despite the last move, we still have a lot of energy to continue.
ftm updateFTM is getting closer to the yellow line. Seriously just 0.05$ left. then we need to see what the market will do with it but he will try to get to this price
FTM long$FTM broke through the resistance level. Bullish movement to resistance level at 2.0997 $ id expected to happen.
