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FTMUSDT

FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce. 2.) Deep Dive: Chart Analysis Inverse Head & Shoulders Pattern: - Left Shoulder: Formed near $0.6342. - Head: A deeper low at $0.4744, marking the low point of the pattern. - Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point. Fibonacci Retracement: - The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone. Key Levels to Watch: - mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support. - VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level. - VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains. Volume Profile: - Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected. 3.) Trade Setup - Entry: Look for a long entry around $0.6555. - Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails. - Target: Initial target at $0.7262 with room for more upside if the breakout continues. - Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area. 4.) Final Thoughts - With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes. Disclaimer This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
Long
by SiDec
FANTOM (FTMUSDT) Surges with Lucrative Long Trade Setup!FANTOM (FTMUSDT) Analysis: On the 1-hour timeframe, FANTOM (FTMUSDT) has confirmed a clear long entry at 0.6428, indicating strong bullish momentum. The targets appear promising as price action continues to align with the upward trend, potentially unlocking significant profits. Trade Summary: Entry Level: 0.6428 FANTOM Target Levels: TP1: 0.7131 TP2: 0.8268 TP3: 0.9406 TP4: 1.0108 Stop Loss: 0.5860 Leveraging the Risological Dotted Trendline, this setup highlights FTM’s strong upward potential. Keep an eye on this for a steady climb toward the targets!
Long
by ProfitsNinja
SasanSeifi| Can It Break Above $0.70?Hey there, ✌ Currently, in the daily timeframe chart, we can see that after a correction, Phantom has reacted to the previous resistance level at $0.55. The price is currently trading at $0.65. Given the current market conditions and the potential for Bitcoin growth, there is a possibility of positive fluctuations and price increases in the short to midterm. One possible scenario for BINANCE:FTMUSDT in the daily timeframe is that if the daily candle closes with a strong body and the price breaks above the $0.70 level, the potential for further growth to $0.88 and even reaching the $1 supply zone increases. These levels can be considered as important price targets. To validate this scenario, maintaining the $0.55 support level is crucial. On the other hand, if the $0.55 level is broken, the likelihood of further correction increases. 💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Long
by SasanSeifi
FTMUSDT: Bearish Head and Shoulders PatternFTMUSDT Technical analsysis update BINANCE:FTMUSDT has formed a bearish head and shoulders pattern on the daily chart, with price moving the support level below. If a breakdown is confirmed on the daily chart, we could expect a potential drop of 20%-60% in FTM. Additionally, the price has fallen below the 100 EMA, adding further confirmation of a bearish trend. Short level: Above $0.58 Stop loss : $0.675 Target 1 : $0.530 Target 2 : $0.420 Target 3: $0.260
Short
by HexaTrades
2
Fantom (FTMUSDT) Short Signal on 4-Hour Timeframe💡 Technical analysis shows that after completing a 5-wave Elliott pattern, Fantom has entered a corrective phase, forming an ABC correction. Additionally, a Head and Shoulders pattern is in progress, with a potential neckline break signaling an ideal short entry. 🎯 Price Targets: Target 1: $0.53 Target 2: $0.44 Target 3: $0.32 ⏳ Correction Timeframe: Late December 2024 to early January 2025 This time window provides promising shorting opportunities for Fantom. The specified targets can also be considered for re-entry into long positions, as a new bullish wave may begin after the correction completes. ⚠️ Stop Loss: Set a stop loss slightly above the neckline to protect capital.
Short
by arzdigitalistha
Fantom / FTM analysisFtm pumped almost 300% since Andre Cronje back as vice president of memes at the fantom foundation! FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.54 today with a 24hour trading volume of 650 million dollar. This represents a 15% price increase in the last 24 hours and a 170% price increase in the past 30 days. Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget-friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. while ftm has been on an upward trend since the first week of the year, its price rally in the last week can be attributed to Fantom’s recent integration with the Axelar Network.on Jan. 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network. since we published our first ftm chart and hit all targets (100% gain) its time to look at the chart again and set new targets. ftm successfully broke ascending triangle and broke 0.29 and 0.31 resistance as well. next targets for ftm is 0.65, 0.75 and 0.8$ what do you think about ftm price ? bullish , bearish or apish!?
Long
by moonypto
8
Fantom (FTM) and Andre CronjeFTM's social and market activity is on the rise after Andre Cronje released an article highlighting the cash flow of FantomFDN in 2022 Fantom price today is $0.241135 with a 24 hour trading volume of 230 million dollar. FTM price is up 12% in the last 24 hours Andre Cronje, a long serving figure in the DeFi space, says the Fantom blockchain project he advises is cash-flow positive, earning more than $10 million in annual revenue Cronje shared a blog post on Monday that claims the Fantom team maintains more than $300 million in assets without specifying how much is considered liquid. “We are still scaling up,” Cronje said Fantom’s reported treasury, as yet unproven on-chain, is made up of around 450 million FTM ($85.7 million). There’s also $100 million in stablecoins and $100 million in undisclosed cryptocurrencies, as well as $50 million in non crypto assets, per Cronje’s post.Fantom is a layer1 blockchain compatible with Ethereum Virtual Machine. The network competes with the likes of Solana, Avalanche and Polygon for Ethereum’s market dominance. but lets talk about the technical analysis the blue line shows the important resistance (0.29$) for Ftm and if bulls breaking it, the next targets will be 0.31 - 0.4 and if you managed to long at 0.17 its time to take some profit as well
Long
by moonypto
16
Is FTMUSDT About to Skyrocket? Key Levels to Watch Now!Yello Paradisers! Could #FTMUSDT be gearing up for a massive rally? Let's dive into the latest price action and what might be on the horizon for this altcoin. 💎#FTMUSDT has been respecting a strong ascending support line, with multiple touches confirming its validity. Recently, we saw a market structure break to the upside, resulting in a new higher high. Now, a much needed retracement has played out, and we’re starting to see signs of bullish momentum building again. 💎On the lower time frames, FTMUSDT has formed a double bottom pattern, hinting at a potential bullish reversal. If we get a clean Change of Character (ChoCH) confirmation, FTMUSDT could be poised for a significant move upwards. 💎FTMUSDT has successfully flipped a crucial support/resistance level, and the price is currently hovering just above it, showing strength. The next major resistance zones to target are around $0.7658, with a stronger resistance at $0.8377. There’s still an untouched demand zone below, along with a Fibonacci retracement level that could attract a final dip before any further bullish push. 💎If FTMUSDT closes a 4hour candle below $0.6720, the bullish thesis would be compromised, suggesting potential downside risk. Stay sharp and play it safe, Paradisers. This could be a powerful move—but only if the market continues to respect these levels. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
FTM Looks Braish (4H)From where we placed the red arrow on the chart, it seems that FTM has entered the correction phase. It seems to correct an ABC with a more complex pattern. Now it seems that wave A and B are completed and the price is entering wave C. Wave C is bearish. The targets are marked on the chart. Closing a daily candle above the invalidation level will violate the analysis invalidation level : 0.7695 For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark