#FTM The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it We have a major support level in green at a price of 0.300 We have a tendency to stabilize above the moving average 100 which...
Since my April 11th update, FTM has fallen into a pullback, as expected. We found resistance at $1.25, created a micro double-top, and then pulled back in two strong legs—truly three in total. Should we be bearish or bullish on Fantom? How do we trade this? 🤔 FTM predictably printed a double-top after three strong pushes up into the immediate resistance zone...
FTMUSDT Elliott Wave Technical Analysis Mode: impulse Position: Wave (4) Direction: Wave (4) is still in play Details: Wave (4) is still in play which I expected to be end around 0.81-0.74 which will be my entry point. Next Direction: Wave (5) Target : the area between 1.41-1.48 with 80% profit Wave Cancel invalid level: Daily closing below 5.6 with...
FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade. Bounced - from the 0.786 fib level - from upward diagonal support - from the diagonal support which was the resistance last year in Feb 2023 Entry: 0.76 TP: 1.95 SL: 0.618 It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
#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...
FTM has shown immense strength during the crypto markets' bullish sentiment over the last 14 months. With a 611% increase from Fantoms' bear market low of $0.15 to the recent high of $1.21, does FTM have any more upside for us? How do we trade this? 🤔 We're at a crucial point for the FTM price near a major resistance area peaking at $1.25. Two strong legs up...
FTM has formed a reverse head and shoulders pattern in 3D chart and ready to explode any time soon. RSI currently: 75 Ultra Bullish, Macd: Golden Cross already came in, DMI seems to be bullish in lower time frames as well, Ichimoku also gives every possible bullish signal it can give, Well everything on the chart. If it closes 0.556 in weekly time frame I'm...
FTM 3day chart looks bullish. Already had decent move up recently. .55 level would be the level to break, then consolidation and then run to the upside. The first target being 1.00 maybe little higher Thanks for your time! Not financial advice, just my 2cents
FTM marched to the upside with three pushes up in a bull channel touching $0.565, followed by a pullback with three pushes down and strong bull support. Is it time to long? How do we trade this? 🤔 A long entry is nearly justified. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $0.565, followed by three pushes down in...
Fantom has been marching toward the next key resistance zones ($0.53 and $0.65) as Bitcoin inches toward it's major resistance area of $46,000. The crypto market is burning hot, most tokens are multiple legs into this bull run, what should we expect next? How do we trade this? 🤔 FTM is clearly aiming to touch $0.53, that almost seems inevitable. What we need to...
Fantom has had 2 clear legs up in this Daily chart bull run. You could argue three if this current high *is* in fact the high, making it the third leg. My last analysis did not play out with the reversal at $0.38! Does that mean we should we be long here? How do we trade this? 🤔 The answer is yes, but only in the near-term! If we are 2 or even 3 legs into the...
FTM is holding steady in the bull channel going sideways at $0.38! This pattern indicates a continuation pattern to the upside for FTM, so why am I bearish? How do we trade this? 🤔 FTM has had three pushes to the upside in this bull channel $0.24, $0.38, and $0.43, which is a typical leg count in a bull run before converting to a trading range or reversal....
#FTM The price has been moving in a descending triangle since last February The price gained support at 0.1730 The price is expected to break the downtrend at the current price First target : 05160 Second target : 0.6555 Which represents 200% of the current price With an oversold presence on the MACD ✅Thank you, for more ideas, hit 🚀 Like❤️ and 🌟Follow🌟!
Fantom had an excellent breakout of the previous resistance zones at $0.34 and $0.37 per my previous analysis. If you longed the suggested trade, you achieved a 1:3 Risk/Reward Ratio! What are the next moves now that we've hit the Weekly 200EMA? How do we trade this? 🤔 Fantom is red hot to the upside making contact with the Weekly 200EMA, an expected resistance...
Fantom continues its bullish blast bouncing hard off of the 4HR 200EMA ribbon and then the 30EMA. We're now closing in on Resistance Zone #1 and need to know what the next trade move will be. How do we trade this? 🤔 We're too close to the resistance zone to long and we don't yet have any indication that the price will reverse. Best to wait on the sidelines...
Will we see the terrifying rise of the FTM and its ecosystem? The ecosystem updates are very interesting and you can see the climb on the weekly chart, is FTM close to the following numbers? $2 , $3 , $5 , $6 , $9 , $12
FTM has shown strong support on the 200EMA and is currently bouncing for the second time since falling out of the bull channel. It appears we have a clear runway to the Weekly Resistance at $0.42. How do we trade this? All of the data points indicate that we should long with the exception of the RSI which shows the price as fairly overbought. However, Price...
Hello SSE community As you can see Fontom has been broken the daily resistance in the area of 0.30 - 0.32 and retested the broken level I can see bullish engulfing candle stick pattern at 0.3260 - 0.33 and it seems ready to moving upward to the target levels as following : 0.40 0.45 0.50 0.54