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FTMUSDT

FTMUSDT 🤯 Hold or Break Key Level AnalysisPoint of interest right now as we are sitting at a demand zone which price is expected to react however we are coming from a downtrend structure after the bulls got exhausted this could be another correction and/or the uptrend resumes. 1. We get a false breakdown, I believe it will touch 0.30 and buy orders would get triggered. If that happens then we would at 4h a bullish pattern we can trade and target next supply zone. Target Upper Downward Channel area: 0.37 - 0.40 2. This level gets pierced through and in that case, we expect price to decline to the next demand zone. Target Next Demand Zone: 0.24 - 0.20 I'll update as I see this playing out. All the best, Kina🤯
by KinaStar
2
FTM/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the FTM chart also on a one-day interval. At the beginning, with the help of yellow lines, we will mark the downtrend channel in which the price is moving at its lower limit. As we can see the price has fallen below the EMA Cross 200 line, the place where the price falls below this line is a confirmation of going into a strong downtrend, as in this situation. Now let's move on to marking the support points for the price in a situation where the correction will continue to deepen and we see that the price is in front of a very strong support at $0.26, however, if the support is broken, we can see a drop to the next support at 0, $17. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first significant resistance is at $0.37, then we have second resistance at $0.42, then there is a strong resistance zone from $0.46 to $0.50. The CHOP index indicates that the energy is slowly gathering strength, the MACD remains in a downward trend but is close to a trend change, while the RSI has been moving at the lower end of the range for some time, which may indicate the approaching end of the current correction in the coming days.
by cryptodailyuk
FANTOM - Get Ready...Fantom is currently in an ABC correction for a move higher. We've already made the bottom so we have a strict invalidation level to work with. The upside potential is incredible (1500% gains) compared to the downside risk associated with this trade. Trade Idea: - For a safe entry, watch for a break of the channel - For a risk entry, enter on break of lower timeframe trendline - stops below the bottom - Targets: 0.97,1.47, 3.5, HODL the rest and manually close. Goodluck and as always, trade safe!
BINANCE:FTMUSD
by WicktatorFX
2
FTM/USDT Technical Analysis: A Bullish Outlook with Long-Term Ta#FTM/USDT Technical Analysis: A Bullish Outlook with Long-Term Targets Chart Analysis : UPCOM:FTM forms Cup & Handle pattern on HTF, hinting at breakout and massive gains! Long-Term Targets: #Fantom could skyrocket to $10 in next bull run, a potential 30x-40x surge! Support/Resistance: Support at $0.25 & $0.170 Resistance at $0.46, $0.60, $1.18, $3.31 Breakout above resistance fuels further bullish momentum Accumulation Opportunity: Every dip is a chance to accumulate Strong support at $1.75 makes it a sweet entry point! Takeaw ays: Cup & Handle pattern = bullish trend Research before investing Let's ride the #Fantom wave! Follow us For More Quality Chart Anlaysis. Thank you.
Long
by CryptoPatel
Fantom is at Support Will It Hold?Fantom had an amazing run between November 22nd until February 23rd . In 73 days Fantom’s price increased by almost 300%. However, In the last four months (116 days) FTM is in a downtrend. The chart structure emerging from this correction is of a Triangle. The question is will Fantom hold support on the Triangle’s diagonal support line, or will it break to the downside? The short answer: yes, probably. This is why: Support Levels: 1. The diagonal support line has held Fantom’s price in January and March. 2. If we examine the RSI, we can see a Falling Wedge pattern. A Falling wedge is a bullish reversal pattern. The diagonal support of this wedge has held Fantom’s price on several occasions (blue dots). 3. Regardless of pattern, The RSI level of Fantom is close to oversold. Past experience shows that FTM rejects the oversold level. 4. Should Fantom temporarily lose the diagonal support, the 0.5 Fib retracement (pulled from the low of November to high of February) is at 0.3187 and I expect it to hold. Admittedly, Fantom is at a stage that it lost some of the hype. Regardless, in the last bull market Fantom performed extremely well and I see no reason why it can’t do just as well in the future. Targets: I think FTM is good for a long-term hold. I expect FTM to exceed it’s previous ATH in the next bull market. I also think that short-term FTM provides a good R: R to risk a trade. My short-term targets for FTM are: 1. 0.41 USD (daily resistance). 2. 0.45 USD (diagonal resistance). 3. 0.55 USD (daily resistance). 4. 0.65 USD (daily resistance). Trade Idea: • Entry: 0.33 • SL: 0.3185 • Targets: As mentioned above. • R: R 1:7 for the first target NFA Feedback will be appreciated Best wishes to all.
Long
by NewThoughtCrypto
FANTOM- 😻 Time to Enter? (probably yes!)Charts don't lie and FTM chart is looking great to enter. Valid major support at 0.326 and 0.3049 with a first target at 0.3778 0.4011 is our Key target and resistance. At that level we could expect a delay (rejection) or a breakout towards 0.5172 News: Not many and it's worrying me a bit as the community here seems to have lost momentum. Then again there is this: Fantom Launches Gas Monetization Feature with Incentives for Developers Link: www.coinspeaker.com This incentive can be a great wake to 'wake up, team up, build up!' So, let's Go FTM One Love, The FXPROFESSOR 🌅
Long
by FX_Professor
1
FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30xFTM/USDT Technical Analysis: A Bullish Outlook with Long-Term Targets ( FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30x-40x Growth ) In this technical analysis of the FTM/USDT pair, we will explore the current price action and chart patterns of Fantom (FTM) in relation to the Tether (USDT) stablecoin. Please note that this analysis is based on historical price data and personal interpretation, and it is important to conduct your own research before making any investment decisions. Cup & Handle Pattern: On the higher time frame (HTF) chart, FTM is showing signs of a Cup & Handle pattern. The cup has already formed, and the handle is currently being shaped. This pattern suggests that FTM may experience a significant price increase after breaking above the neckline resistance. Long-Term Targets: Based on the chart analysis, there is a strong bullish sentiment surrounding FTM. It is anticipated that FTM could potentially reach $10 during the next bullish run, representing a substantial 30x-40x increase from its current price level. Support and Resistance Levels: Key levels to watch for support include $0.25 and $0.170. These levels may present attractive entry points if the price experiences a significant dip. On the other hand, resistance levels are situated at $0.46, $0.60, $1.18, and $3.31. Breaking above these resistance levels could indicate further bullish momentum. Opportunities for Accumulation: According to this analysis, every significant dip in the FTM price presents an opportunity for accumulation. If the price approaches the strong support level at $1.75, it could be an advantageous entry point for investors looking to accumulate FTM tokens. Conclusion: In summary, the technical analysis of the FTM/USDT pair suggests a bullish outlook for Fantom (FTM). The Cup & Handle pattern, combined with the projected long-term targets of $10, indicates potential substantial gains in the future. However, it is essential to remember that this analysis is subjective and not financial advice. Conduct your own research and exercise caution when making investment decisions. Takeaways: FTM/USDT is showing a Cup & Handle pattern on the higher time frame chart. A breakout above the neckline resistance at $0.60 could trigger a significant bullish move. Long-term targets indicate a potential rise to $10 during the next bull run. Strong support is found at $1.75, presenting an attractive entry point. Consider every significant dip as an opportunity to accumulate FTM tokens. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a professional financial advisor before making investment decisions. Follow us for more Chart Analysis. Thank you.
Long
by CryptoPatel
3