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FTMUSDT

FTM trading inside of a Triangle The price of an asset moves within a narrowing range over time, forming a shape that resembles a triangle. Given the possibility of a breakout in either direction, one trading strategy is to wait for a clear break of the triangle pattern in either direction before entering a position. This could be done by setting up buy and sell orders on both sides of the triangle, with stops and limits placed accordingly to manage risk. It's worth noting that trading within a triangle pattern can be risky, as there's no guarantee that the breakout will occur in either direction or that it will be sustained. Therefore, traders should use proper risk management techniques and be prepared to adjust their positions quickly if the market conditions change.
BINANCE:FTMUSD.P
by PavlOK
✴️ Fantom Has So Much More To Give (260% This Wave)Here is another one that looks pretty good. We looked at FETUSDT and we see the exact same pattern, the exact same chart but this one is lagging a bit behind, which is good because it means that it will go up next. What one does, the rest follows. Here FTMUSDT (Fantom) is set to grow now that the correction is over, notice the Doji last week. All the signals are 100% bullish. ✔️ The current candle trades above EMA100. ✔️ The MACD is bullish with plenty of room available for additional growth. ✔️ The RSI is really strong. We can see 260% happen on this current wave but there can be more of course, long-term. This is all only the beginning. The Cryptocurrency market will grow for years to come. Higher highs and higher lows. Namaste.
Long
by AlanSantana
4
$FTM - Odin Zone$FTM - Odin Zone. So the first thing I want us to notice here is the FSS doing pretty good on this timeframe. Even the second buy signal during the drop yielded 13% upside. In a previous iteration of this chart, the .618 zone barely gave any resistance to the drop. It led me to believe, that we might have had a full run here (12345). After adjusting the fibs, we see that the golden pocket held much better, with just a small few wicks under the pocket. As a result, I moved my original Odin zone to favor a lower entry at the new .786 point. The waves are ever evolving as we chart them. As Elliottists, we must be constantly updating what we see to reflect the new price action. But in general FTM always makes great looking, textbook waves, which is why it is one of my favourite coins to look at on a consistent basis.
Long
by FlokiCrypto
FTM SHORT trade IDEA Hello, due to a lack of volume in the market I haven't been posting as many updates in coins although we are still looking for opportunities everyday. Analysis: In our previous LONG trade, we long from 0.35 to 0.53 netting a 51.93% profit. Our target was the #3 possible breakout on the white resistance line. However, we have been struggling to break past the resistance and are looking likely for a due correction to 0.38-0.41 level (green box). Target: 0.39-0.41 Stop loss: 0.47 (break above ) Timeframe: 1D
Short
by CryptoGao1
FTMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for FTMUSDT As we analyzed on March 14, we expected a rise to happen and here we see a noticeable rise after a little decline which means our expectation took place correctly. Here we have R1 and R2 as the resistance areas that express the price was not able to rise at different points. And S1 and S2 are our support areas in this chart containing the support of price even since the past. Thus, we have the price fluctuating over S1 area after being rejected at R1 and we expect it to make two scenarios available here. By having some rising signs and more fixation, we would wait for an increase up to R2. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area would happen in case the price is supported at R1. It is also probable that if the price is capable of breaking R2 upward, the possibility of rising to its last peak is so high. But if the price is not supported, more fall is predicted there for it to touch lower amounts. Then surely if the price falls below S1, more decline will happen to it. We suggest you to put your stop-loss point below our first support area for not losing more profits and experiencing more logical trades. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. 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
by MarsSignals
14