FTM has breached its main support level on the daily chart, turning this former support into resistance. The price is currently in the designated blue zone, signaling a potential entry point for short positions. Investors are advised to implement strict risk management strategies, including placing stop-loss orders just above the blue zone to limit potential...
FTM came into contact with the Daily 200EMA support after three pushes down, a pullback from the $0.57 high. The price bounced off of the 200EMA and is in now what appears to be a second leg up toward the high. Should we prepare to enter a short? How do we trade this? 🤔 We need this bull pattern to play out and give us a reversal signal before we entertain a...
FTM broke out of its bull trend, failed to break above the Daily 30EMA and fell back down to $0.375. With Bitcoin and the rest of the crypto market following suit, are we ready to short? How do we trade this? 🤔 Since my last FTM analysis, I provided this updated chart depicting what I believed was a likely outcome of the price action. A pullback from the...
Fantom has pulled back from its $0.46 high and closing the gap to the 30EMA. Are we about to fall through the EMA ribbons back down in the $0.20-$0.30 range? How do we trade this? 🤔 Fantom is still in the bull channel, but has a few datapoints working against it. First, there have been three pushes up in the bull channel, a typical number of legs in a trend...
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...
Hello. To all my loved ones and those who follow me! This time my analysis is about FTM currency. In my opinion, according to the upward trend of the market. Phantom climbs up to the resistance range of 30-31. And then according to the pattern of the head and shoulders that you see, it falls to the target point that is written. Of course, pay attention to the MACD...
Needs to retest support area before proceeding higher plus its at a major resistance
To see such a bearish scenario, we should expect bitcoin to go down to at least 19K. and that might lead to a drop in all altcoins. but make sure that you don't open short positions with high volume or high leverage. its a high risk/high reward trade.
Based on my technical analysis aka "casino crypto" 50/50 =D it looks like Fantom has to bow back to at least 1.8
Hello 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...
Fantom is in a symmetrical wedge pattern. A breakout from can send this coin to 0.4$ or breakout from 0.333$ can send this coin to 0.3$
FTM has made a double top on the 4H chart so I am starting a short position here. ENTRY - $0.35 TP 1 - $0.3057 TP 2 - $0.2895 TP 3 - $0.2733 SL - $0.420 After TP 3 leave the rest to go on to the bottom of the channel and / or beyond.
hello everyone, over the last few weeks we have seen a crypto by the name of LUNA collapse, why? here's why and why fantom could follow LUNA Luna first started crashing when its algorithmic stable coin UST lost its peg to the US dollar. how did it lose its peg? here's why: there was massive withdrawals from Anchor ( a terra based decentralized protocol that...
Hello everyone, let's take a look at the FTM to USDT chart on the 1H interval. As you can see, the price is moving in the triangle marked with the blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.3772, if the support breaks down, the next ones are $ 0.3478 and $ 0.3247 and $...
Hello everyone, let's take a look at the 1D FTM to USDT Chart. As you can see, the price has dropped below 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 $ 1.28, if the support breaks down, the next ones are $ 1.17 and $ 1.04. Now let's move from the resistance line as you...
The previous analysis is still valid If the triangle pattern breaks down and a pullback occurs, the phantom can fall to the balance area. Important note: The red line (tenkensen) should come above the candlesticks and play the role of resistance
If 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.
Welcome to this quick FTM /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-FTM /USDT Ascending triangle pattern create an upside trend line break after retest and by the green zone Entry:-$1.74, $1.78 Traget:- 30% to 35% Stop loss:-$1.71 with leverage 5x to 10x Remember:-This is not a piece of financial...