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 .
Ftmusd
Fantom gold signal#Phantom price has maintained the support level of $0.7700 to $0.8200. After reaching the uptrend line, it went through wave 1 and has now completed its correction.
After consolidating in a range and correction, the price could start wave 2 and now reach the $1.0300 target from these areas.
Considering the strong potential of this project, both technically and fundamentally, very good prices can be predicted for it. Technical indicators have also shown strong upward divergence
#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: 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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FTM to pull back to my buy zoneFTM is setting up a nice consolidation to continue the up trend in the long run. However, in the short term we will experience sideways to down action.
As shown in the chart, we are seeing the money flow come down, VWAP about to cross zero line and MOM (modified macd) signal crossing below. These all indicate the potential down price action in the coming weeks.
My accumulation zone is around 0.65 to 0.70 range. Not a financial advice. DYOR.
FTMUSD support and resistance Hi, welcome to my Fantom analysis
Today we have 3 level support,
Support 1 are previous higher low at fibonacci 0.382. If 0.9242 able to hold bearish movement, our target at 1.2289 with 33.75% profit projection
Support 2 also as strong support, becuase this level are fibonacci 0.618 support and also previous strong support. If this level hold bearish, our target at same level as target 1, with 69.25% profit projection
Support 3 are the last support for Fantom. If this level stop bearish movement, target at 1.2289 with 136% profit projection.
I will update more about Fantom if I get a new key level or a new pattern.
FTM's RiseFantom (FTM) has been showcasing an interesting price development, currently trading at $0.9297. On the 4-hour chart, FTM's recent climb shows it's approaching a local, dynamic resistance level which may indicate a near-term challenge for the price to push higher.
The Bollinger Bands reveal that the price is nearing the upper band, which can often act as a short-term resistance. This proximity to the upper band at $0.9473 might suggest a potential for either a temporary pullback or, if the price breaks through, a continuation of the bullish trend.
The trading volume for FTM is healthy at 11.604M, which underscores a decent level of trader interest at these prices. The Moving Average (MA) at $0.8966 is below the current price, indicating that the recent price action is still favored by a bullish bias.
The MACD histogram is positive, albeit marginally, with the MACD line slightly above the signal line, hinting at a continuing bullish momentum but cautioning that it may not be particularly strong at the moment.
Stochastic Oscillator values are high, indicating that the price might be in overbought territory, which sometimes leads to a subsequent price correction as the market consolidates.
Finally, the Relative Strength Index (RSI) is above its MA and remains in a healthy range without showing signs of being overbought. This suggests there might be some room for the price to go up before facing selling pressure due to being overbought.
In summary, Fantom's market dynamics are showing signs of a bullish trend, but as it nears the dynamic resistance level, traders will likely watch to see if it has the strength to break through or if it will retreat and consolidate before making another move.
FANTOM - Bulls Are Done. Bears Coming In!Following on from our last analysis of Fantom, we closed our long setup with over 200% gains!
We are now looking to take Fantom short. On the higher timeframe, we are in wave 2, which is an ABC correction. We are now looking for wave C to take Fantom down.
Trade idea:
- Safe entry on break of red trendline
- risk entry on lower timeframe trendline break
- tight stops above the highs when either entry trendline breaks
- Targets: 0.17, 0.07
Please note that we have confirmations in place in order to tell us whether we're in wave C and to confirm our short idea.
Goodluck and as always, trade safe!
See our previous setup below:
Fantom/usdtBest Chart You can see today
fantom looks really interesting but we need just a breakout the trend ( as chart shows ) and close above with daily candle & high volume
Target on chart Starting from 1.5$ to 3.5$
for 5.5$ maybe it will take couple of months
this is a personal opinion and NFA
Thank you
FTMUSDT Buy Opportunity!!FTMUSDT a layer1 project, has experienced a significant 90% decline from its previous all-time high (ATH). Currently breaking through resistance, it's on its way to the next level at $0.65.
FTMUSDT (1W Chart) Technical analysis
FTMUSDT (1W Chart) Currently trading at $0.33
Buy level: Above $0.31
Stop loss: Below $0.25
TP1: $0.38
TP2: $0.45
TP3: $0.5
TP4: $$0.65
Max Leverage 2x
Always keep Stop loss
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FTM (Macro Picture)FTM / USDT
Fantom is one of my favorite coins so far
I made alot of signals and calls in FTM recently which ended in nice profits
Macro Picture :
This is the long term / macro picture which can updated per weeks to months only
Mid term targets (wave 3) : 1.8$ - 2.2$
Then a possible huge correction (wave 4)
Long term targets (wave 5) : 5.5$ - 8.8$++
If we reached there the holding in this area will considered a risky as the distribution phase will start near there
Confirmation : breaking 1.15$ weekly
Note : this is my long term view .. in short term strong fluctuations expected to happen
DYOR
Who Wants To Double? #FTMFTM 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 going in with 5X leverage.
Good luck to us all.
FTM: 3-hit in high📊Analysis by AhmadArz:
🔍Entry: 0.9312
🛑Stop Loss: 0.9881
🎯Take Profit: 0.8719-0.8131
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
BTCUSD - the breakdown of a breakdownUsing the BTCUSD 4H chart, here I show how to do:
1. Projection for upside target;
2. Identify and qualify a breakdown.
First, if you scroll to the left of the chart, you will see that a rally and retracement was identified. An arrow was mapped to the length of the first rally. Then clone the arrow and shift the clone to start at the bottom most point of the retracement. This extension rally typically has a few characteristics...
a. MACD and VolDiv will spike high and cross down, but linger in the bullish area gradually falling (as opposed to a quick cross down and drop below the zero line); and
b. Price will rally and stall and repeat a pattern of higher lows and higher highs.
Now, typically, an extension rally should target for the 1.62 Fibonacci level before a proper stall. But in this case, a stall came in about 1.23 Fib level. This has been observed to frequently happen and then it can rally up another extension to 1.62.
As in this case it failed and started a breakdown pattern.
The breakdown pattern starts with a flattening out of prices. In this case, price started deviating from the projected path.
This comes with a bearish divergence in both MACD and VolDiv, in the forms of lower highs as opposed to price higher highs.
Then, a series of lower highs and lower lows will form... this is shown in the blue line. Note that the level formed by Point C is the ultimate breakdown level. once price completes the pattern and breaksdown below Point C, it is completed and a flush down typically follows.
By this time, the technical indicators MACD and VolDiv should clearly show a crossdown into the bearish area below the zeroline.
So, we then can do the projections to the downside, in a similar fashion. This time instead of using the arrows, the Fibonacci levels are shown...
For this case, a confluence is seen about 62K... and hence, expected a bounce about that level. But the target is a little further down at 60K. (Yellow and Red ellipse, respectively).
I had earlier posted via mobile a 62K target and within an hour or so, it swiftly hit that level.
Now to watch how it breaks down to 60K...
So there you have it, my descriptive of how I identify the trend change / retracement / pullback.
PS. I wanted to mention that time line on 14 March 2024. It was drawn in advance and denotes the peak point in time.
The next is about a month's time where is should bottom out in the middle of April (not shown in this chart.