Ftmusd
FTM Fantom: Channel Inside A WedgeHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Fantom (FTMUSD), a cryptocurrency.
The chart is self-explanatory. The Fantom price is inside a small Channel Pattern which is inside a Descending Broadening Wedge Pattern. Based on the indicators, price has the potential for upside, however the Ichimoku Cloud shows heavy resistance ahead. If Volume comes in and price breaks outside of the Cloud, it may be possible to see a nice move upside. Otherwise, price has potential to break below the local S/R line and fall much lower.
Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), MACD, MFI (Money Flow Index), Fear and Greed Indicator, Support and Resistance Trendline, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FANTOM - Watch For Breakout ⚡️Fantom is approaching a key area where we are expecting a bounce off. Expecting one more drop back down to the $1 level.
Trade Idea:
- Watch for price to go down once more to the $1 level
- Once bullish price action appears, enter with stops below that level
- Targets: 2.00 - 3.00 - 3.50 - Actively manage the rest
Goodluck!
Fantom FTMUSD Charting on the fly. Learn with me. Target $4.00! In this video:
* I chart on the fly with you all so that you can see how I do what I do
* I chart trendlines, levels, fibonacci, and bullish divergence on the 4 hr.
* We can see a longer term swing trade target of $4.00
Best of luck traders!
FTMUSDT Looking RipeFTM even from a distance still looks really good. I have a short term price target but I expect this asset to really move when the market picks back up again. The RSI has bottomed out on the daily and the structure of FTM remains solid. I have been adding more of this since the last drop. It has already gained some ground since falling but I thought my followers should be aware, these prices are not bad. Thanks again and tell me what you think?
This is not financial advice. Do your own due diligence.
FTM IF WE GET A BEAR MARKET. ⚠CAUTION⚠In my last FTM analysis i showed how ftm could have seen it's top and was due for a correction and it played out (even tho i wish it didn't) as a ABC correction wave.
In todays analysis I will be showing possible future moves for FTM.
While The ABC correction in the last analysis we did (linked below/Chart beneath this statement) was correct, it seems that was only a smaller degree wave of a potential larger ABC correction to come.
Should Bitcoin lose its bullish structure, FTM could very well spiral into a 5-3-5 correction to complete a larger degree ABC correction as shown in the chart above. While I don't really see this happening and do think bitcoin will keep it's bullish structure, I can't overlook the possibility of this potential outcome.
Hope this helps with perspective and honestly hope the ABC was the correction and that we're done with it.
FTMStatic support of $ 0.9 to $ 1 is very important and I do not think we will miss it
But if we are going to reach the bottom of the canal for a long time ...
The head-to-shoulder pattern is created in which the right shoulder is probably at a point with the descending trend line
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
Possibility to buy FTM on dip and make 28%Uncertainty in market. The time on FMT hit the nearly the rock bottom at Fibonacci's 23.6% will exactly match with the time of FDS making an announcement on further actions. It will either be a good time to buy FTM or a time for FTM to drift past its big resistance level and reach the lowest price since September.
FTMUSDT - Bullish flag is breaking out?BYBIT:FTMUSDT
1H trend chart
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FTM is getting rid of this descending tunnel so far.
If price can stand above here, trading strategy as below.
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Profit Targets:
a) 1.719----Fib(1)
b) 1.8205~1.8620----Fib(1.272~1.382)
c) 1.95----Fib(1.618)
d) 2.093----Fib(2)
Stop losses:
a) 1.5330-----Red horizontal ray
b) 1.5055-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
FANTOM $5-10 EOY After the current drop in the cryptomarket, there are a number of altcoins that have corrected sharply and I still consider to be very undervalued. Fantom is one of them.
In the short term, a new all time high is certainly achievable with targets between $5 and $10. In the longer term for Q1 2022, I certainly expect Fantom to have even more in store ($10-30) if the cryptomarket remains in its bullish momentum.
FTM CORRECTION INCOMINGFTM has seen a lot of growth the past few months, however it is due for a correction.
Looking at the chart we can see price always retraced back to the .786 fib support after each impulsive wave,
should we get that same retracement, FTM will be on a discount price at just below $1
Coupled with the bearish Divergence it seems just about right to me.
Did the analysis on a 1D Timeframe originally but uploading the 1W chart to avoid cluster and improve visibility.
Hope this helps.
FTM Fantom: Is A Major Correction Coming?Hello friends, today I am completing a technical analysis on the 4H linear scale chart for Fantom ( FTMUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted.
#CryptoPickk notes the following:
1) Fantom price has had a major run in 2021 with the price reaching an all time high in October 2021. The price has corrected since that point.
2) The price recently completed a Head and Shoulders Pattern with a potential break down possible from this point.
3) The measured move of the Head and Shoulders Pattern brings the price down to $1.25-$1.30 which is a 37%-38% correction from current price levels.
4) If the price makes it down to the $1.25-$1.30 level, it would re-test a multi-month trendline (in yellow color).
5) That price target around $1.25-$1.30 has had multiple months of support as shown in the purple color rectangle box.
6) The Volume has been weakening month over month.
7) The RSI (relative strength index) has the ability to drop further as shown on the chart.
8) If the price rebounds up from the Head and Shoulders Pattern, the idea would be invalidated.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FTM is getting closer to the breakout pointI'm bullish on Fantom. Looking at the big picture, it's in a bearish trend for now, but is getting closer and closer to the breakout point, which should take no more than 7-9 days. The breakout should be the start of an overall bullish trend on FTM. The nearest target after the breakout is 2.7 and further onto ATH.
FTMUSDT area of interestTP 1: 2.63148
TP 2: 2.94259
SL 0: 2.03113
Fantom Price Performance Statistics
How long has Fantom been trading?
Fantom has been trading for 37 months (3 years) now. According to our records, it started trading on Tuesday, October 30th 2018, for a first price of $0.0144.
How volatile has Fantom been over the last 30 days?
Fantom's 30 day volatility has been 35.79%.
The higher the volatility, the higher the risk and/or potential gains can be for a certain coin, since the movement is stronger for the time period in question.
How volatile has Fantom been over the past week?
Fantom's 7 day volatility has been 17.29%.
ftmusdt-Phantom in weaknessObserving the weakness in the current uptrend compared to the previous uptrend, we see that the slope is much lower than the previous move in the agreed direction, which indicates resistance in the area of 2.28 and return to the range of 1.90 or 1.76.Not an investment offer.
Fantom Can Pump % 125 ?????Hi
have a good day
The Phantom is in a good area where I can expect it to start moving upwards and achieve its goals.
Put the Phantom on your watch list these days
what is your opinion ?
This is a personal analysis and not an investment signal.
IF you can Follow me on other Social Media.
be happy
FTMUSDT , Amazing projectHello everybody
Fantom is one of the most powerful and amazing project and ecosystem that is working on ...
According to the chart you can see the price is near to the one of the most sensitive area of supporting and we expect the price drop another time to reach to this area again and after that is ready to go and reach to the target
Dont forget at first take signal and after that entrance any position , surely use stop loss and observe to money management
Good Luck
Abtin
FTM/USDT (5$ IMMINENT ?)At first, as we can see, FTM / USDT is in a triangle, we have strong support at $ 1.81 with POC and our support diagonally.
-We can see that the rsi is at 42, once the 50 mark has passed the bullish momentum will resume daily!
-The stoch seems to be near the oversell area, so possible to climb.
-Several resistances are represented we are currently trading at 0.618 which acts as support once passed so we can enter the buy zone!
The target would be $ 5 if we calculate the possible breakout
finally to finish, bitcoin seems to be in a good position but be careful of the reversal anyway
Thank you, never forget that trading reflects the probability of the market