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FTMUSDT

Fantom (FTM) long - big breakout soon!?FTM are squeezed between the daily 20 MA and 200MA, and at the same time the weakly trend are about to break to the upside. It could lead to big move to the upside. If a weekly trend break will be confirmed, I don't think it takes much time before we can see a 100% move. Zoom in to smaller time frames to find a perfect entry with lower risk and adjust your stop loss according to your trading style. The main idea is - big move is probably coming for Fantom - prepare to catch it The idea in the chart have risk/reward ratio 6, with potential 100% profit
Long
by TaTaTaCrypto
FTMUSDT.1DBased on the given market data, FTM is currently trading at a price of $0.2376 against USDT. Starting with the 4-hour chart, the Relative Strength Index (RSI) is at 48.95, which suggests that the market is near the neutral zone, neither being overbought nor oversold. The Moving Average Convergence Divergence (MACD) value is 0.0015, indicating a relatively stable market. The Bollinger Bands (BB) value is at 0.2497, which is slightly above the current price, suggesting a potential for a slight upward movement. The first, second, and third support levels are at $0.2166, $0.1965, and $0.1830 respectively, while resistance levels are at $0.2577, $0.2813, and $0.2911. Moving on to the daily chart, the RSI is at 74.12, indicating that the market is approaching overbought conditions. The MACD stands at 0.0137, suggesting a bullish market. The Bollinger Bands stand at 0.2596, which is slightly above the current price, indicating a potential for price increase. The support levels are at $0.2154, $0.1920, and $0.1735, while resistance levels are at $0.2600, $0.2916, and $0.3220. On the 7-day chart, the RSI stands at 47.38, suggesting a neutral market. The MACD value is -0.0342, indicating a bearish trend. The Bollinger Bands stand at 0.3120, which is significantly above the current price, suggesting a potential upward movement. The support levels are at $0.2332, $0.1747, and $0.1516, while resistance levels are at $0.2583, $0.3315, and $0.4140. In conclusion, the FTM market shows mixed signals across different time frames. While the daily chart suggests a bullish trend, the 7-day chart indicates a bearish trend. Traders should pay close attention to these indicators and consider other market factors before making a decision. Please note that this is just a technical analysis and not financial advice. Always do your own research before investing.
by MarsSignals
FTM doom predictions and golden opportunityFTM looks bearish. Expecting a small bounce and getting rejected from the resistance . Many altcoins have started making new lows so we believe that FTM will catch up and 0,1590 support will fail. Looking for a buy orders in the green area: 0,055 - 0,038 usd Long way to go. FTM may drop another 80 % from the current levels. 2 possible scenarios are shown on the chart. Short it at the resistance or wait for a price to reach the buy zone . Do you agree? Feel free to leave a comment
by vf_investment
21
Fantom – Channel BreakoutFantom is in a downtrend since February 2023. Fantom’s PA created a descending channel, with the 50D EMA acting as additional resistance. Today (October 23rd), FTM broke out of the channel and formed a bullish ChoCh. Fantom presents a long opportunity. IMO, you should consider the following factors: Pros: 1. FTM is above the 21D & the 50D EMAs. 2. Channel breakout. 3. FTM is above the immediate resistance level of 22 Cents. Cons: 1. the daily RSI is elevated. Daily RSI is at 74. I am not sure it can support continuation without a pullback. 2. The channel resistance line was not tested as support. 3. the 22 Cent level was not tested as support either. 4. Fantom made more than 25% gains in five days. This pace is unsustainable. Suggestion: Wait for a pullback. A pullback will confirm the trend and show us where the support is. Possible Trade Ideas: Trade Idea 1: • Entry: 0.21 (ChoCh line) • SL: 0.19 (just below the 50d EMA) • Target: 0.31(weekly resistance) • TP: 0.26 (200D EMA), 0.31 • R: R: 1:3.8 to first TP. Consider leaving some on the table. FTM could go much higher. Trade Idea 2: • Entry: 0.22 (local s/r flip) • SL: 0.205 (ChoCh line) • Target: 0.31(weekly resistance) • TP: 0.26 (200D EMA), 0.31 • R: R: 1:2.8 to first TP. Consider leaving some on the table. FTM could go much higher. NFA. What do you think? Please share in the comments. Best Wishes.
CRYPTO:FTMUSDLong
by NewThoughtCrypto
FTM/USDT bullish horizon? 👀 🚀 FTM Today analysis💎 Paradisers! FTMUSDT is currently on the radar, nearing a potential break above its supply zone, signaling a heightened likelihood of a bullish trajectory. 💎 After its recent emancipation from the descending channel, FTM has been charting an upward course. Presently, there's a strong probability it will approach and potentially challenge the supply level at .2169. 💎 Should it successfully surpass this threshold; the odds lean towards targeting the primary supply zone. However, if the coin faces resistance and doesn't breach the supply, there's a chance it might seek bullish momentum from the demand level at .1949 💎 The VRVP's notable volume further underscores this potential shift, suggesting a pivotal moment when the price converges on that mark. A descent below this point, however, could tilt the scales towards a bearish outlook. Stay informed and strategize accordingly!
Long
by MyCryptoParadise
The key is whether it can rise above 0.2413Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (FTMUSDT chart) The key is whether it can receive support and rise in the 0.2002-0.2732 range. (1W chart) The key is whether it can receive support and rise in the box range of 0.2127-0.3683. (1D chart) It is necessary to check whether it can rise beyond the previous box range of 0.1669-0.2733. To do so, the key is whether the price can be maintained above 0.208 and rise above the M-Signal indicator on the 1W chart. Accordingly, it is important to be able to maintain the price above 0.2413. ------------------------------------------------- The important support and resistance point on the current chart is at 0.4484. Therefore, you can set the 0.4484 point as the target point. If you have set a target point like this, you must create a trading strategy to determine how you can wait until this target point. If you are thinking of waiting as a trading strategy, it is better to place a pre-order at 0.4484 and not look at the chart. If not, you must focus on stabilizing your psychological state and making it possible to wait until the goal point. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
SasanSeifi 💁‍♂️FTM/USDT 👉1DHey there!😎 In the daily time frame, as you can see, after a price decline from the $0.17 range, there was a positive reaction, and it is currently trading within the price range of $0.19 while following a downward trend line. In the daily time frame, one can expect that if the downward trend line is broken and the price consolidates above the $0.20 range, we may see the price experience further growth after a minor correction and pullback to the level of the downward trend line, potentially reaching the significant supply zone at $0.24. For a better understanding of the continuation of the price movement, it's important to observe how the price reacts when approaching resistance levels. The likely trend is also indicated in the image above. Maintaining the support range of $0.17/$0.16 is very important. Additionally, in case the price gets rejected from the $0.20 resistance range, there is a possibility of witnessing a sideways trend. ✨What's your opinion? Do you agree? 🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
by SasanSeifi
FANTOM BULLISH SETUP🚀🚀🚀The Liquidity Abyss: At the lower price levels, FANTOM (FTM) presents a peculiar scenario: a deep well of liquidity that seems resistant to being outmatched. This situation can be seen as the result of strategic market dynamics and could pave the way for a promising uptrend. 🌊🚀 Imbalance as a Catalyst: The key to unlocking the bullish potential lies in mastering the weekly imbalance at the $0.5 level. An imbalance refers to a situation where a significant excess of either buy or sell orders accumulates at a specific price point. Breaking through this imbalance can trigger substantial price movements. 📊🌕 Trading Strategy: Monitor Weekly Imbalance: Keep a close eye on the weekly imbalance at the $0.5 level. A successful conquest can be a defining moment for FANTOM's price. Risk Management: Implement solid risk management strategies to protect your investments in the event of unexpected price movements. Fundamental Awareness: Stay updated on FANTOM's fundamentals and market news that may influence its trajectory. Conclusion: FANTOM's journey reflects the intricate dance of liquidity and imbalances in the cryptocurrency market. The promise of a bullish surge, driven by a well-timed strategic move, is an enticing prospect. Remember, the crypto market is rife with complexities, and the potential for manipulation always exists. But, with a keen eye, a well-thought-out strategy, and a cautious approach, you can navigate these waters effectively. The liquidity abyss might just be the starting point for a remarkable journey ahead. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
FTM HACK NEWS: NEAR TWO YEAR SUPPORT Recently, the company of the coin, Fantom Foundation were the latest victims of coin hacking. From a price perspective, this can be a bearish sentiment for traders as it questions its overall security and integrity of the blockchain. For more detailed information regarding this news, check out the links listed below (all on TradingView): www.tradingview.com www.tradingview.com In this weekly chart of BINANCE:FTMUSDT above, the price is on pace of touching the support line for the third instance from July 2021. The coin is still on a downtrend and a breakdown could be possible if we will have another hacking cryptocurrency, hopefully not. On an indicator perspective, our RSCD (RSI and MACD) is still bearish from a daily perspective. Thus, I still have bear bias for the coin unless we see a bullish reversal by looking at the chart below. I plotted a months-long resistance line for a potential breakout scenario. This could happen before the month ends. Always plan your trades. Happy trading :)
by luigi360swirl
Focus on FTM : Breakout on the Horizon with Rising Momentum💎Yello Paradisers! Prepare yourselves for an exciting journey with FTMUSDT. We've identified a successful exit from the descending channel, laying the foundation for a likely bullish rise. 💎Based on our previous evaluations, we observed the transformation of demand into supply, with FTM making contact with the lower channel support. 💎Currently, the notable volume in VRVP is hinting at a potential upward journey shortly. Surpassing the monthly resistance is expected to strengthen this upward momentum. 💎On the other hand, if the price penetrates the 0.1707 level, it may escalate the bearish momentum, with the price potentially reapproaching the previous support level. 💎Proceed with prudence and apply rigorous stop-loss protocols for trading Fantom. Remain alert to the unfolding market scenarios and stay updated with more insights!
Long
by MyCryptoParadise_Simon
2