Fantom soon ready for 33% move!? - longDaily trend is broken.
But we see some resistance from 20 moving average for FTM/USD and FTM/BTC pair
If we break the 20 MA with a solid candle buy the retest and you should have a good entry for FTM.
The idea is that FTM will find some momentum after 20 MA is broken - Zoom in on lower time to reduce the risk and find that perfect entry.
I see a potential 33% trade here
FTMUSDT
fantom ⇒ get a short positionhello guys...
get a short position on 0.3794
tp1: 0.3685
tp2: 0.3280
tp3: 0.3070
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
FTM/USDT Key Support Bullish reversal?👀🚀Fantom💎 Yello Paradisers, let's zoom in on #FTMUSDT! It's caught in a fascinating moment, right at a pivotal support level, sparking whispers of an upcoming bullish leap.
💎 Taking a closer look at #FANTOM latest moves, we've seen it dipping to fresh lows, painting a somewhat gloomy picture. But don't let that dampen your spirits! There's a silver lining here: the stage is set for a bullish turnaround from the key support mark of $30.78. Holding firm at this ground could launch us into a bullish bounce, challenging any resistance that lies ahead.
💎 We, the quick-witted traders, are always on our toes, ready for whatever comes our way. If #FTM doesn't kick off the rally we're rooting for, we're eyeing a plan B at the support backup of $3.58. Should things slip below that, it might signal a deeper dive into the bear zone.
The danger in the FTMUSDT chart!!!Firstly, what I'm about to convey is not to be considered as investment advice; it's merely a cautionary note. When examined on a 4-hour timeframe, a significant and noticeable Head and Shoulders (H&S) formation is observed in the FTMUSDT chart. The first indicator supporting this formation is volume. Upon examining the volume, you can notice a visible loss of strength. To further confirm this, if you want to be more certain, compare the volume of the candles forming the left shoulder to the volume bars forming the right shoulder. You'll see that the left shoulder's candle volume is stronger, whereas the current right shoulder has lower volume. We also supported this with our second indicator, which is the RSI (Relative Strength Index). There is a noticeable decline in strength in the RSI as well. In summary, while these three signals don't definitively predict a downturn, they indicate that FTM could be significantly impacted in the event of a potential market decline. If you hold it, please exercise caution. Good day and profitable trading.
FTMUSDT.P Aggressive Trend Trade LongAggressive Trend Trade 4R
- short impulse
- unvolumed T1 level
+ support level
+ biggest volume 2Sp-
+ 1/2 corrected weak test
+ first bullish bar closed similar level entry
Calculated affordable stop loss
1 to 2 R/R take profit
Monthly chart context
+ long impulse
- expanding ICE level
I'm a bit concerned T1 doesn't have volume = price can spring biggest volumed spring before turning long. Will see!
FTM Long term Analysis - Buy the Dip at and below 0.32FTM on the weekly chart is coming down to my Buy the Dip zone at 0.32.
I will be accumulating FTM for my long term portfolio at 0.32 and below. I will also open up high leverage trades between 0.31-0.32 levels based on my HLTS system signals (pink and yellow arrows on my charts).
My first target 0.56 for profit taking. 2nd one is at 0.82. My longer term price target for FTM is at $2.
This is a weekly chart so it will take some time to play out. Not a financial advise. DYOR.
FTMUSDT # 001 ( see you there ;) $$$ ) Hello dear traders.
Good days .
First of all thanks for your support and comments .
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FTMUSDT after finished its Gann Arc resistance with its support move downward and gut support from lower Gann fan to reach itself to the rejected Gann Fann at next reversal time zone.
Monthly Gann fan trend line is also will hit at same time .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
FTMUSDTBINANCE:FTMUSDT Long idea
2 entry point
4 targets
❌every TP can act as a resistance and dump the price
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
Don't forget to 🚀 and comment
FTM: Pullback in UptrendTrade setup : Price remains in an Uptrend. After reaching our target of $0.55 resistance, price got overbought (RSI > 75) and pulled back on some profit taking. Pullback near $0.40-$0.45 support zone could be a swing trade entry in Uptrend with +25% upside potential back to $0.55. Stop Loss (SL) at $0.35 (prior swing low).
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.41 (previous resistance), then $0.33. The nearest Resistance Zone is $0.55, then $0.65.
FTM/USDT Bullish Continuation ahead? 👀 🚀 FTM Today analysis💎 Paradisers, prepare for a promising opportunity with #FTMUSDT. It's currently exhibiting an intriguing pattern, having recently faced rejection at a resistance point, pointing towards a likely bullish continuation from the demand zone.
💎 UPCOM:FTM has shown a tendency to follow a descending trendline, breaking above it to embark on a bullish journey. Now, after a strong rejection at resistance, there's a considerable chance for a bullish movement starting from the demand level of $.2770. Upon successful continuation, #Fantom aims to challenge resistance levels at $.3810, with the potential to climb as high as $.5484.
💎 For the discerning Paradisers, timing is of the essence. Identifying optimal entry points during this upward trend is key, and it's equally important to avoid entering at the peak. Moreover, it's crucial to be prepared for the possibility of $Fantom dipping below the $.2770 demand level. Should this occur, a bullish rebound from the support level of $.2354 might be on the cards. Nonetheless, a fall beneath this support level could bring into question the likelihood of a sustained upward move.
💎 In these evolving market conditions, strategic planning and decision-making are paramount. Employing a comprehensive trading strategy that focuses on money management and a keen understanding of support and resistance levels is essential for achieving successful trading outcomes. 🌴💰
📉📈 FTM Price Analysis 📊💹📆 Recent Retracement:
FTM, like many altcoins, has retraced in the last two weeks, falling from $0.55 to $0.380.
🔍 Robust Support Zone:
A robust support area is identified between $0.35 - $0.40.
📉 Oversold Conditions:
The price is currently oversold, indicating a potential reversal.
🔄 Potential Scenario:
If FTM consolidates in the support zone and the overall market remains bullish, there's an expectation to test $0.45 - $0.480.
📣 Conclusion:
FTM's potential scenario involves consolidation in the $0.35 - $0.40 support area.
A bullish market could lead to a test of $0.45 - $0.480.
#FTMAnalysis #CryptoTrading #MarketWatch
Fantom - dead or alive - Long!I think too much airdrop farming and Bitcoin ETF talk have have moved the attention from Fantom blockchain.
I think Fantom is cheap, really cheap.
I marked the yellow Fib-levels in the chart as buy the dip zones for FTM.
I really think NOW is a good opportunity to buy Fantom.
Fantom Sonic testnet performed 0.5s to finality last week. Is there any other chains with that speed? Am I missing out something, please let me now?!
With close to 100% uptime and that speed - I don't see any reason for why Fantom not will start to move in price again.
I have patience and think the trust to Fantom (and the users) will come back again. I will play the long game!
My wild FTM prediction for Q1:
1. First Sonic release and then...
2. airdrop hype and meme-coin-rally and then...
3. FTM price explosion
I will come back to this post in Q2 and see if it aged well!
FTM/USDT Keep on Eye for the strong candle. Back to Upward ?💎 FTM, a notable player in the market, has recently exhibited significant resilience. A key observation is its robust bounce, particularly if it manages to close the day with a strong green candle.
💎 Such a bullish signal could propel FTM to test the supply zone above. For continued upward movement, the probability of breaking through this supply area is crucial to reach the projected strong resistance area.
💎 However, if FTM struggles and fails to penetrate the supply zone, the current uptrend might merely be a temporary rally before resuming a downward trajectory toward the support area. In such a scenario, FTM needs to hold strong at this support level, offering a chance for recovery and another attempt to breach the supply area.
💎 A critical juncture will be if FTM breaks down below the support area. Such a movement would shift the momentum bearish, indicating that FTM might slide further to the lower demand area. For FTM to resume its upward journey, it would need to reclaim a position above the support level. Failing to do so could see FTM descending towards stronger demand zones, marking a more definitive bearish turn in its market trajectory.
#FTMAt the D1, FTM currency is in wave 3 or C, which can move up to at least 100% of its previous wave. If the candlestick penetrates the specified range, this analysis will be invalidated. But if this does not happen, we can expect this rising wave to return. As can be seen in the figure, these three corrective waves have continued until 1.272 Fibo, which should be expected to return in the same area. In addition, the 1.618 Fibo area penetrates below the neck line, which is not clear for this purpose, and if it is corrected up to the 1.618 area, the analysis will be invalid.
FTM: Pullback in UptrendTrade setup : Price remains in an Uptrend. After reaching our target of $0.55 resistance, price got overbought (RSI > 75) and pulled back on some profit taking. Pullback near $0.40-$0.45 support zone could be a swing trade entry in Uptrend with +25% upside potential back to $0.55. Stop Loss (SL) at $0.36 (prior swing low).
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.40 (previous resistance), then $0.33. The nearest Resistance Zone is $0.55, then $0.65.
⚡️FTMUSDT CMC TRADING ⚡️ DEMAND AND BREAKOUTFTMUSDT has successfully executed a trend breakout, supported by the confirmation of a bullish breakout from an ascending triangle, characterized by a Change of Character (ChoCh). With this setup in place, we anticipate an upward rally, aiming to surpass the previous swing highs.
(Phantom) FTMUSDT AnalysisA short foreword. I do believe Bitcoin will come back to retest around the 40k levels. It is currently consolidating in a range with equal lows. Below the equal lows lie a void on the futures chart that has not been filled yet. I'm expecting some sort of manipulation move to the downside then a bounce back up as i'm still overall bullish on Bitcoin for now.
Everything I had to say about Phantom is in the video.
Trade signal | Fantom (FTM) a setup for upto 41.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of the Fantom (FTM) coin with US Dollar pair.
Previously we caught almost 100% pump of FTM as below:
Now on a daily time frame, FTM has almost completed a bullish BAT move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FTM BUY SETUPFTM has an ascending structure. If it reaches the green range, we will enter the buy/long position.
Pay attention, we are only looking for buy/long positions on the green range and we will not enter positions in higher areas
Closing 1 daily candle below the green range will violate the analysis
The targets are clear on the chart. 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
FTM Might go parabolic.Not in a Trade yet because it does looks bearish in LTF but will take risk on this one cause my sixth sense is telling me this is going parabolic very soon.
Not actually Sixth Sense but if you look in HTF Weekly or monthly the chart looks like it have done what should be done in the bottom.
Looks like pretty simple Triple Bottom and i have to add one more thing the next HTF resistance which is around 0.5500-0.6000
I don't think it is going to hold over there because when it was moving from double bottom this resistance didn't worked and then it deviated from it and gets back into the range.
The price action of this Shitcoin is way way more faster than other coins.
You can go to the up move or down move(previous) and watch it closely in LTF.
Most of the times the resistance/support level doesn't work anywhere and just get retested for continuation.
I'll long the 2H trend line breakout or will long the in the red area.
Targeting 0.5
Targeting 0.9
Note: Not a Financial Advice.
FTM/USDT In the key level area. Success Break or Rejected ??💎 FTM has indisputably attracted considerable market attention. Currently navigating a pivotal juncture, FTM finds itself confronted with a formidable strong supply area. The historical struggle is evident in FTM's attempts to breach this area, marked by consistent rejections followed by downward movements, which underscores the significance of this challenge.
💎 However, envisioning a scenario where FTM successfully conquers the robust supply area would signal a bullish confirmation for the mid-term, Probability facilitating a smooth journey toward our targeted major supply area.
💎 Conversely, if FTM encounters hurdles in breaking the supply area in the imminent future, there is a potential for a return to a downward trajectory. FTM might retreat, engaging in a retesting phase at the demand area of $0.262 - $0.248 to initiate a fresh breakout.
💎 The unfavorable scenario materializes if, during the retesting at the demand, FTM struggles to uphold its position and breaches the demand area. In such an event, FTM would revert to the subsequent lower demand area at $0.218. Here, FTM is presented with a final opportunity for a resurgence if it successfully reclaims the demand at $0.262. Failure to do so would extend FTM's downward trend, culminating in a return to the robust support area.