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🔑
FTMUSDT
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 :)
FTM to 0.1?Remember this is only based on H&S pattern and FTM formed it perfectly. Neck is at 0.15 and FTM holding 0.15 area since February 2021 which means breaking it below will be crucial. If we get confirmation on breaking neck we might see FTM around 0.1 which still means could stay in bullish in 1W and 1M TF. But remember there is a huge support zone around 0.05.
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!
FTM 40% pump is incoming 🆓🚦📌 #dyor
💰 Position size :: 1%
💱 Leverage :: cross ➖ 2-5x
🪙 UPCOM:FTM -USDT 📌
#futuretrade :: ↗️......🌴
#BUY :: $0.2160 - $0.2397 ( split % 💰 )
🎯
:: $0.2683
:: $0.2959
:: $0.3478
Stop 🛑 lose #SL :: $0.2056 🚏
📌 always move stop lose #sl
when target get reached 📌
#risk :: medium #scalping
#explanation 👉
day looking good 🙂 but weekend bearish 📍 let's hope postive
FTM Full Analysis For Long-TermHey Guys… How are you today? 👋👋
It's a new day and I want to talk about FTM (Fantom)…
✔️ Before that, I want to remember It's not financial advice.
✔️ I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
It's my duty to tell you something honestly.
But, first, I ask you to Like my analysis, follow me, and Share this analysis with your friends.
It will give me more positive energy to publish more analysis.
So, thank you for your support.
Let's go into details.
As you see, we have Three Main support zones. The first one is around 10-11 Cent, the second is between 5-6 Cent and the last one is around 3.5-4.2 Cent.
Buying on Shadow will be very exciting. So, I will put my order on 4 Cent.
I'm sure the first support will be lost soon. If you check this asset's chart in the weekly frame, you see a Head and shoulder pattern that the neckline is breaking.
So, we have to focus on this support and it's very important to us to money management.
By the way, there is good news for FTM, if you can buy FTM at the lowest level, this asset will give you a huge profit of more than 50,000% at the end of the Last Bull Market.
If you need to analyze in another time frame, for example, 4H or 1H, please send me a message
It takes about 4-5 Years. I think you should know the worth of this asset and this huge profit … can you imagine this profit? 🙈 🙈
I want to buy and hold FTM on 3rd support zone and my final target to sell is around 20 USD.
I'm sure you are confused right now. But it's ok and there is no problem. Time proves everything.
If you have any questions, or if you need to know more details please don't hesitate to contact me.
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Also write your comments below, Do you agree with me? do you think we are still on a downtrend? and what is the last target of this downtrend?
Thank you so much for your attention and participation 🙏🙏
Wish you the best 🧞♀️
Sincerely Yours
Ho3ein.mnD
FTM ANALYSIS (1D TF)Examining the waves, I found that FTM inside a time-consuming diametric. This corrective diametric is large and time consuming and is related to the daily time frame. Now, we seem to be inside this diametric wave E, which itself is a diametric. I have drawn the expected movement path from FTM on the chart. I have such an expectation from FTM.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FTM will be soon real Fantom))There are 2 ways how the coin can go in the future
1. FTM drops until "Last support line before huge drop" and bounces from there back to 0.21$ price level, which it should break to continue ascending move
2. It comes to the "Last support line before huge drop" , breaks below 0,16 - 0,15$ in this case we will see the price even lower where my FVGs are (green lines)
FTMUSDTHello friends
The price chart has reached an important support zone and the price zone of $0.1724 is maintained.
Ichi Moku has issued attractive signals on the daily and 4-hour time frames. To confirm this signal, we need to look for a break of the relatively long-term downtrend line.
👉 If the downward trend line is broken and the range of $0.1724 is maintained, we expect the formation of an upward trend up to the price range of $0.4846.
what do you think?
FANTOM - Easy Corrective Play ✅Fantom is currently in Wave B correction = 3 subwaves. We have almost finished subwave B and looking to capitalise on subwave C.
Trade idea:
- Watch for a break of the red trendline for confirmation that we've started wave C
- Risk entry can be done on lower timeframe once reversal pattern appears
- Stops below price once red trendline breaks
- Target: 5 and then taper and get ready to short
Goodluck and as always, trade safe!
short on FTMhi again
Since the FTM currency is in a downward trend in the 3-hour time frame, if we see a price increase that will bring the price to the 0.5 trading range of the higher time frame, short positions will have a relatively high probability of success.
For this reason, I share the above shorts position with you
short on FTMhi again
Since the FTM currency is in a downward trend in the 3-hour time frame, if we see a price increase that will bring the price to the 0.5 trading range of the higher time frame, short positions will have a relatively high probability of success.
For this reason, I share the above shorts position with you