Fantom FTM price will show good growth?#FTM is a coin with a history, which is probably why it is still relatively well "held" compared to other altcoins.
Now, the A-B-C correction is probably coming to an end and the price has entered the liquidity zone.
Therefore, if you are holding it, continue to do so, because there is a chance of growth, at least to $1.79.
1️⃣ If you believe in the #Fantom project and see prospects in it and want to buy it, you can safely place pending limit orders in the range of $0.36-0.42 and forget about them for a while.
2️⃣ Or you can closely monitor the behavior of the #FTMUSDT price in the current price range.
It depends on how much time, nerves, and enthusiasm you have)
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FTM
FTM Rebound After Finding Support, a buy opportunity. Fantom (FTM) bulls may be catching their breath after a recent price dip. FTM found support at $0.80 on the daily timeframe chart, following a fall from a high of $1.22 .
If FTM breaks above the current resistance, key levels to watch include:
First Resistance : $0.94 - A successful breakout above this level could indicate further bullish momentum.
Second Resistance : $1.023 - Surpassing this resistance could be a significant step towards revisiting the previous high of $1.22 .
Alikze »» SOL |Continuation of scenario 5 bullishAccording to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after which we have to do the update. But for now, a short-term trend can be imagined for it.
If the behavior and structure of the post changes, it will be updated.
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FTMUSDT Poised for a Rebound or a Breakdown? Key Levels to WatchYello! Do you feel the tension building up in the FTMUSDT market?
Let’s dive into the current setup and see what might unfold next.
💎 FTM is currently moving within a descending channel pattern, eyeing a potential move towards the Bullish Order Block (OB) area. If the price action forms a bullish candle rejection here, it could signal a rebound. We might then see a test of the resistance level at $0.771. This level is crucial; a successful breakout above it could trigger bullish momentum, possibly leading to a significant upward movement.
Key Levels to Watch:
- Resistance Area: $0.771: A breakout here could pave the way for further gains.
- Bullish OB Area: $0.64: Watch for bullish candle rejections as a sign of potential rebound.
- Demand Area: $0.55 - $0.482: Historically, this zone has shown strong buyer pressure. A return to this zone could see similar buying interest.
💎 However, if FTM fails to show strength in the Bullish OB area around $0.64, it might signal further declines. The price could then head towards the Demand area between $0.55 and $0.482.
💎 This zone has previously exhibited strong buying interest, often marked by candle wicks indicating buyer pressure. Should FTM return to this zone, a rebound is possible, pushing the price back towards our target areas.
Potential Scenarios:
- Bullish Scenario: A strong rebound from the Bullish OB area leading to a test and potential breakout of the $0.771 resistance.
- Bearish Scenario: A failure to show positive signs at the $0.64 level, leading to a move towards the Demand area. If the price fails to rebound here and instead goes sideways with low volume, it could break this area, invalidating the bullish outlook and leading to further declines.
Stay alert, Paradisers. The next moves in FTMUSDT could present both opportunities and risks.
🎖If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
Trade smart and stay disciplined!
🚀 Breaking Down my FTM Journey and Bull Run Potential !🚀 Breaking Down Fantom's Bull Run Potential: From 0.23 to Double Digits! 🌟
Hey crypto fam! 🌐 Exciting news on the horizon as we delve into the electrifying journey of Fantom (FTM) and its skyrocketing potential in this bullish season! 💥
First things first, let's talk numbers. Fantom is currently trading at a tantalizing $0.95, a remarkable leap from its earlier price point of $0.23. 📈 But hold onto your seats, because we're just getting started on this rocket ride!
🎯 Next Stop: $1.66
With the wind at our backs, our next target is set at $1.66. 🎯 Breaking through this resistance level will be a significant milestone, setting the stage for even greater heights.
🚀 Aiming Higher: $3.48
But why stop there? Our sights are firmly set on $3.48 once we conquer the $1.66 mark. 🌟 Fantom's momentum is building, and this target is well within our reach.
💰 Main Take Profit: $7.60
For those eager to know my TP, my main take profit goal stands at an impressive $7.60. 💰 But buckle up, because the real excitement is yet to come!
🔥 Double Digits: The Ultimate Bull Run
Here's where things get truly thrilling. With the recent coming launch of Fantom's cutting-edge SONIC mainnet, the stage is set for an unprecedented surge. 🚀🔥 Many experts predict that Fantom has the potential to not just hit, but soar past double-digit figures in this bull run! 🚀🔥
So, fellow crypto enthusiasts, fasten your seatbelts and get ready for the ride of a lifetime with Fantom! 🚀✨ Don't miss out on this opportunity to ride the wave of innovation and prosperity. Let's make this bull run one for the history books! 📚💫
Stay tuned for more updates and join us as we journey to the moon and beyond with Fantom! 🌕🚀 #Fantom #FTM #BullRun #CryptoRevolution BINANCE:FTMUSDT
Alikze »» FIL | Big C or 3 wave scenarioIn the daily and weekly time, it is moving in an upward channel, which according to the previous analysis , the last wave had the ability to grow to around 100% of the previous wave, after which it faced correction, which was correctly mentioned in the updates of the previous post. And extended to the specified area of correction.
💎 First scenario: Therefore, if this last correction, which is extended in the form of three waves up to the green box range, is completed and its structure does not constitute a complex combination correction, we can expect a sharp super cycle of wave C or 3 from it. In the first step, it will conquer the ceiling of the previous major and after that it can touch the specified supply area.
💎 Alternative scenario: If the green box range is broken, this correction can extend further to the $4 range and then to $3.125, in which case it should be updated again.
If the behavior and structure of the post changes, it will be updated.
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$FTM Bull Case - Multiple TargetsBINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels.
The support is sitting right at 61.8% of the last leg up. (Common reversal level)
I think the chart is open to multiple interpretations, each with a different target:
Descending Triangle : $1
Also a key psychological level and a previous resistance.
Bull Pennant : $1.15
Previous resistance and close to the top from last March.
Elliott Wave W3 : $1.3 or $1.62
If $0.76 is the local bottom, it would be a perfect Wave 2 end (61.8% of Wave 1).
According to Elliott Wave theory, the Wave 3 target would be either $1.3 (161.8% of W1) or $1.62 (261.8% of W1).
$1.3 is also a key support from 2021/2022.
$1.62 is also a resistance from 2022.
My strategy for this will be:
Open a long position after a break above the resistance trendline, with a wide SL
Take partial profits at each target
Starting from $1.15, move my SL up below the previous target
Not Financial Advice
Fantom: Ready or not?FTM fell back to the upper edge of our magenta Target Zone ($0.7680 – $0.5047) last week and ran sideways above this level. Primarily, we continue to grant the coin the opportunity for a deeper dive into our range in order to reject the low of the magenta wave . Only then should it turn around and rise above the resistance at $1.22. Should this level be exceeded earlier (37% likely), however, we will have to place the price in this uptrend now.
Alikze »» CRV | Congestion exit and dynamic trigger failureIn the weekly time, after a complex correction, now after exiting the concentration, it can take two paths in the face of the resistance ahead, of course,
🔰in the lower time, a shadow has been cast on the green box area. Therefore, after breaking the red bar, it will have the ability to grow up to the first supply zone, and if it continues, it can touch the second supply zone. If the behavior and structure of the post changes, it will be updated.
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Fantom (FTM): Bullish Setup with Strong Support Levels!Looking at Fantom on the daily timeframe, we see a promising setup following the completion of Waves 3 and 4. Wave 4 ended around $0.567, and since then, we have observed a consistent formation of higher lows. This pattern suggests a continuation of the upward trend.
The recent rise has left behind a breakout gap. Our plan is to see this gap touched or closed, and subsequently, we aim to use the underlying demand zone for Dollar-Cost Averaging (DCA) if further pullbacks occur. Within this area, we have two significant supports: the Point of Control (POC) and the High-Volume Node Edge. These levels should provide enough support to prevent the price from falling below this range.
Our target is set at a minimum of $1.22, though it could go higher, considering this is likely Wave 5. This target aligns with the expected continuation of the bullish trend as indicated by the Elliott Wave theory.
It is relatively easy to see that there are many liquidation levels above the current price for FTM. Significant liquidations have already been taken out, particularly just shortly after the ETF approval when many overleveraged positions were liquidated. Currently, there aren't many liquidation levels below the current price.
Therefore, we believe this might be a good time to dip again to clear out any remaining liquidation levels. After that, we expect to absorb the remaining short positions and push upwards. There is significant room to move higher, reaching our first target and potentially taking out more liquidations along the way.
Focusing on Fantom (FTM) on the quarterly VWAP chart, the 2024 Q1 VWAP has acted as a significant resistance level, respected four times. This consistent resistance often becomes a powerful support once broken, marking the start of a bullish phase. We anticipate the 2024 Q1 VWAP will transition from resistance to support, signaling strength and potential upward momentum. Additionally, the 2024 Q2 VWAP is providing strong support, reinforcing our bullish outlook and underpinning the price action.
With the combined support from the 2024 Q2 VWAP and the potential flip of the 2024 Q1 VWAP, Fantom is poised to gain momentum. We expect this to drive the price upward, leading to a retest of the 2024 Q1 VWAP soon. In summary, the interaction between these VWAP levels is pivotal. The 2024 Q1 VWAP is likely to become new support, bolstered by the 2024 Q2 VWAP. This setup suggests Fantom could move higher in the near future, retesting and possibly surpassing previous resistance levels.
We also need to consider the monthly VWAP chart for Fantom (FTM). Resistance was encountered between $0.915 and $0.925, defined by the Previous Monthly VAH and the March VWAP.
Currently, the May VWAP is holding, along with the Previous Monthly VWAP. However, we might fall below this level, where the Previous Monthly VAHL and May VAL should provide support. This alignment offers solid support and aligns with market structure and Elliott Wave principles.
Maintaining these levels is crucial for sustaining the bullish outlook and allowing the market to stabilize before moving higher. Holding the May VWAP and the Previous Monthly VWAP shows Fantom's resilience, potentially facilitating upward movement. If a dip occurs, support at the Previous Monthly VAL and May VAL should stabilize the price and provide a foundation for the next bullish phase.
Analysis for FTM (Fantom USDT) for Next MonthHistorical Performance: Fantom USDT (FTM) has shown significant growth over the past three months, with a steady increase in its market value. This positive momentum could indicate potential for further growth in the future.Resistance Levels: The coin has faced resistance at various price levels, with the most significant being around the $0.80 to $0.85 range. These levels may act as psychological price barriers, but they could also be potential breakout points if the price action surpasses them.Support Levels: FTM has found support at price levels between $0.60 and $0.65. These levels have been strong, with the price bouncing back up after touching them, which suggests strong buying interest and potential for future growth.Technical Indicators:Moving Averages: The coin is currently trading above its short-term and medium-term moving averages, which could indicate a bullish trend. However, it is also important to monitor its performance relative to its long-term moving average.Relative Strength Index (RSI): The RSI is near the midpoint at around 50, which suggests that the coin is neither overbought nor oversold. This could indicate potential for further price movement in either direction.Market Sentiment: The overall market sentiment for FTM has been positive, with a steady increase in trading volume and a growing number of active addresses. This suggests increasing investor interest and could be a positive indicator for future growth.Conclusion: Given the strong performance and positive momentum of FTM over the past three months, along with its current trading above key moving averages and strong support levels, there is potential for continued growth in the short term. However, it is important to monitor the coin's performance against its resistance levels and market sentiment for signs of potential reversals. Investors should also stay informed about regulatory developments and market trends that could impact the broader cryptocurrency market and, consequently, FTM's performance.
$FTM Possible Double BottomKUCOIN:FTMUSDT - Huge Double Bottom possibly in print
Measured move +40%
Divergence at support in 0.635 levels would be preferred entry provided entry trigger activates via candlestick or candle stick formation.
Neckline break and retest at 0.78 level will provide further impetus for initial Target to 0.94.
Remember UPCOM:FTM can go higher can is dragged around like all altcoins by the ring master $BTC.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
#FTM/USDT#FTM
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 0.5500 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong uptrend
Entry price is 0.7500
The first target is 0.9797
Second goal 1.09
Third goal 1.22
🔥 FTM: Huge Reversal Possibility From Major SupportFTM has been trading in a very strong bullish trend since October of last year. This analysis is based on the idea that FTM will keep trading alongside the bottom purple support.
I'm waiting for a minor sell-off towards the entry, or when the price hits the bottom support line. Target at 2$ and the stop below the most recent local low.
The stop is very tight. If you prefer a higher probability trade (but lower RR) put the stop at 0.54
FTM: best bull candle📊Analysis by AhmadArz:
🔍Entry: 0.743
🛑Stop Loss: 0.708
🎯Take Profit: 0.771 - 0.817 - 0.914 - 1.121
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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