my FTM-UpdateFTM has broken out of a falling wedge, then formed a smaller one and broke out of it as well. In addition, FTM forms the cup & handle. It looks good :)
Ftmusd
FTMUSDT - Flag PatternFTMUSDT (4h Chart) Technical analysis
FTMUSDT (4h Chart) Currently trading at $2.246
Buy level :Above $2.25
Stop loss: Below $2.05
TP1: $2.44
TP2: $2.66
TP3: $2.91
TP4: $3.17
Max Leverage 3x
Always keep Stop loss
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UPDATE: FTM UP 43% after bullish signal Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 43+% after bullish Supertrend Ninja signal. Finding resistance from the Ichimoku Cloud.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
CUP AND HANDLE ON FTMHey Guys, we see a cup and handle on FTM. Target meets the beginning point of the falling wedge! It looks perfect for me!
FTM making H&S..???Fantom: as we can see there is a potential H&S pattern in 4h..Well H&S may be failed if price will breakout right shoulder.If cant breakout right shoulder and breaks the neckline of H&S price can fall to 1.77 (which is our fib level and Ma200)
Some reminders:
1) Iran bans Bitcoin mining until March!
2) All Chinese have to sell their crypto before EOY!
3) Options around $6b expiring on 31/12
FANTOM- The Flight to 4$ Continues 💎👻FANTOM has been one of our favorites lately and for very good reasons.
Price has almost doubled since our post on Dec 10th and the Expectations remain High:
Nothing but GREAT news here:
Innovative Fantom-Based DEX DefySwap Is Now Coming Up With NFT Staking
Fantom Adds DIA’s Open-Source Oracles to Propel dApps with Customisable Data Feeds
Integration Delivers DeFi Developers Access to Data Feeds on Fantom’s Layer-1 Blockchain
Gotta Love Fantom boys and girls!
the FXPROFESSOR 💎👻
Buy $FTM from the red area, it is a strong support areaAs we see here that the red area is so strong, Where it comes at (.382) in Fib Circle and (.5) in Fib Retracement, and also a strong support area with Gann star.
Fantom Daily AnalysisFTM is at the resistance of a triangle and the most important level to determine if it's going to be bullish or bearish. If a daily candle closes above 2.4488 the higher target at $12 is reachable. In another scenario if this level gets rejected the right shoulder of a head and shoulders pattern will be formed and in case of losing the support at $1.4 next supports to hold the price are 0.94, 0.69 and 0.32.
FTM PUMP??Looking for some retracement here. I was lucky enough to catch that wedge break and break of trend. Looking at a cooldown period. That bubble has played out 3 times. If price gets there I will be loading the boat again! Follow me for more winning charts
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 $4.00
Best of luck traders!
FTMUSDTAs I mentioned the death cross occured! Our new bottom around 1$
Previous bottom was 0.15
From 0.15 to 3.48 FTM did 23x
NFA!!!
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.
FTM can move up to $2.5 in the next weeksFTM hit 2D demand zone recenty. I think that there will be more accumulation in this zone and then a price move towards $2.5 will happen, into 1D supply zone.
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.
FTMUSDLong opporttunities are ahead, structure will follow as it breaks and retest.
Follow for more Crypto graphy
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.
