FTMUSDT
FTM/USDT 4HInterval Resistance and SupportHello everyone, let's look at the FTM to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $ 0.40, if the support is broken then the next support is $ 0.38, $ 0.36 and $ 0.34.
Now let's move on to the resistance line, as you can see the first resistance is $ 0.45, if you manage to break it, the next resistance will be $ 0.49, $ 0.52 and $ 0.54.
Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD indicates a return to the local uptrend, while the RSI with a small price increase has a large move, which quickly reduces the room for further increases.
✴️ Fantom Looking Like July 2021... 2,180% Wave To Go UP!Back in July 2021 Fantom hit bottom vs Tether (FTMUSDT).
This bottom was marked by a hammer candlestick and what followed was a 2,180% bullish wave.
This wave lasted 98 days.
The bear market started right after and has been going for 434 days.
A huge 95% correction (-95.29%) from the All-Time High...
If the low is confirmed at 21-November-2022, then the total duration would be set at 392 days.
Now, with Fantom looking like July 2021, we have to prepare for the next bullish wave.
We have a higher low long-term so a higher high is still in place.
It will take years to get there... We are at the bottom now...
Once we hit bottom, the only one place left to go is... 👆
Namaste.
🔥FTM GROWTH WILL IMPRESS YOU: THE 3 TARGETS FOR THIS ALTCOIN🔥Hi, friends! Fantom has been quite the rollercoaster ride in the world of altcoins, with its volatility making it a topic of much discussion among crypto enthusiasts.
Recently, there has been a trendline breakout that has many traders wondering what the future holds for this digital asset. While some believe that this break may be temporary, others predict that it will return to the value area once more. One thing is for sure, the $0.53 key level will be a major hurdle for Fantom to overcome as it tries to make its way back to the top.
📊 TRADING PLAN FOR FTM:
1. return to IMPORTANT $0.44-047 value area after the local growth
2. volume growth as it usually happens at the bottom
3. bullish BTC is a must-have for the growth of 99% of altcoins
✅ THE MAIN TARGETS FOR FTM:
1. $0.53 - the key level and local high
2. $0.66 - the key level and local high
3. $0.75 - even number and key level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTM idea sharingFTM has a double-top pattern in the four-hour chart, and the price rebounded after reaching the support near 0.3161, and broke through the downtrend line.
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After breaking through the downtrend line, FTM has a chance to appear in a bull flag pattern, and the current price is near the downtrend line.
If the four-hour closing price is higher than the downward trend line, you can enter the market with long orders:
Stop loss: 0.3954
Take profit: 0.5329, 0.5631, 0.5990
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FTMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Also everything accoridng plan.
Entry: market and lower (im in pos from 0.395,look at related idea)
Targets: 0.6 - 0.7 - 0.8
after first target reached move ur stop to breakeven
Stop: alrdy in breakeven (depending of ur risk). ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
FTMUSDT 🔥 Uptrend Continuation Set upHey guys,
Here's my quick analysis for FTMUSDT for a Daily Timeframe Short Term Spot signal 🔥
1. Daily Timeframe it started to change character from ranging market to uptrend. We can see after the N wave, price started to consolidate and form and Inverse Head and Shoulders Pattern.
2. We've got a breakout from a downwards trendline price has been respecting and bounced off of it multiple times.
3. We need a re-test to trendline plus a candlestick set up to enter the trade, you can enter in H1/H4 per your trading strategy. Then, as for targets go, I'll go for the next supply zone to be safe 0.60 mark. So I'd suggest you take profits earlier before price enters Supply Zone.
Happy Trading and manage risk responsibly.
Regards.
Kina
FTM 1st wave breakout - longtermTLDR - Longterm targets: 5$ and 9$
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As I mentioned in a previous idea, I believe FTM broke the zigzag correction in october of 22. Historically speaking, the Elliott Wave Theory fits like glove on this token, so my selling strategy will be according to that same theory as well, besides the usual indicators.
FTM is a low profile token that actually solves problems and the FTX shambles was what prevented the first impulse to carry the price action. It was hinted then and it's obvious now that the exchange's debacle and its native token was a "small" stone on what already seemed back then a clear path to my long term targets of 5$ and $9.
They still stand. I don't know how long it will take, but it's now confirmed that the journey already began.
¡See you there!
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DYOR
FTMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for FTMUSDT
There are R3, R2, and R1 on the top of the chart which are the resistance areas and all represent the unsuccessful triumphs of the price to rise at several points. S1 is support line and as you observe, S2 is our long-term support area with the support of price even since the past. Thus, we see the fluctuation of price over R1. Our expectation would include two options here. Either the price is able to be supported and by giving us some rising signs, we must wait for its more increase to higher amounts such as R2 (which is a great point for saving your profits). Or it is even possible that the price loses the support and starts its falling trend down to our support areas. So in this situation, a decline will take place. Please consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
FTM - Road to 2024Already down 95%
Crypto winter will not be short imo and we will range bound for a while.
Either scenarios, I will be DCAing on a weekly basis like the rest of my trades.
Short term is very difficult to read for me and I don't use margin so I will do what I did back in 2018-2019 and pick strong coins to DCA for a year.
2024-2025 will be exciting...
FTM breakout - the $1 is inevitable - shortermFTM just broke the trendline with a retest after a beautiful inverse head & shoulders. I think now we're going to see the 3rd elliot wave, which is in most cases the biggest impulse, according to the Elliot Wave Theory.
In a related post I said previously that FTM would very much likely explode, and that $0.22 was a great level to go long (see my related ideas). But in case you've missed it here's another stop before the dollar mark.
I know I should have probably made this post earlier: it was clear even at $0.30 back in March, that a long position was still valid and it was a great opportunity to fill the bag.
I've opened a long at 0.22 cents and my targets are HKEX:5 and $9.
Will FTM go literally off the chart? The answer is brighter each day.
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DYOR
Fantom Menace ($1.60)- one of strongest Layer 1s off the lows
- catalysts w/ upcoming account abstraction + Fantom Virtual Machine
- much lower market cap than other premier SC platforms w/ only ~1.4B
- retest of multi-month range highs, don't want to see this trade back into the range on weekly basis
- intra week dips into higher low of weekend from SVB implosion + USDC depeg + banking contagion fears should be good buys