FTMUSDT
FTM CAN DROP AGAINHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FTM symbol.
I think a falling triangle is being completed and we are now in the E wave of this triangle
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Review FTM/USDT 4H IntervalI invite you to review the FTM chart against USDT, on a four-hour interval. in this situation, we can use the yellow lines to mark a triangle in which the price is approaching the exit direction. We can also see that the EMA Cross 50, marked with a yellow line, indicates a downtrend, when we see the yellow line cross the blue line, it will be a signal for a larger upward move.
Now we can move on to identify the support lines that the price should rely on, and here we see that we have the first support at $0.20, equal to the 0.618 Fib Retracemant that has held the price in recent days. We still have support at $0.18 and $0.16.
Looking the other way, we can see that price tried to break through the resistance at 0.618 Fib Retracement three times, but each time it bounced off it, and now we have first resistance at $0.22, second resistance at $0.24, third important resistance at $0.26, and fourth at $0.28.
It is worth paying attention to the volume, which is quite small, but with a visible advantage for buyers. The CHOP index indicates that the energy has been used, the MACD confirms the local uptrend, while the RSI, like the CHOP index, shows overheating, which may cause the price to correct.
FTM/USDT. Another coin on our watchlist today is going to be FTM coin. well currently at $0.2042 this coin is sitting just above the trend and also is currently in a range of tight BB path which is usually referred as "Calm before the Storm". So here we are with two possible scenarios here - any thought?
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FTM ANALYSIS#FTM UPATE.
#FTM is trading nowhere but in the accumulation range since a week now now.The next could be possible in ether direction depending upon the next btc move ,on breaking upside the red line will the next resistance which can be tested on 2-3H TF.
Fantom FTM will dump by 70%Merry Christmas, dear friends!
I wish you be healthy, happy and wealthy! Thanks for huge support you gave me. You are my motivation to make a quality articles.
You asked me to share my opinion about Fantom. It’s fundamentally strong asset which I am going to add to my portfolio, but not today. It will fall by 70% and I am going to explain you why.
FTMUSDT is printing the ending bearish wave 5, like the rest crypto assets. Let’s take a look in details on internal structure of this wave. I consider that wave 1 and 2 have been already finished and now asset is in wave 3. The target for the wave 3 is $0.08 , but the first stop is about to happen at $0.11 because the sub wave 3 target for FTM is located there. These targets have been defined using 1.61 Fibonacci extension levels.
The area between $0.11 and $0.08 suits for placing buy limit order using grid. It is not going to be the end of the bear market, but the potential bounce can be caught. At the same time, the global bottom I expect at $0.05 , but this target is approximate, we should see the wave 4 to define the exact target.
Best regards, Ivan
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FTM Could be long Due to Pure PA With Proper RMI Have draw A chart of FTM/USDTPERP and during analysis found to price action scenario with bullish moment.
First It's Inverse H&S Pattern and Second Bullish flag.
Both Patterns are pure bullish but seeing a market now days totally sideways or ranging so if I trade this pair so I'm calculate Risk Management with safe side Margin %age. Because everyne knows trading is risk so when market gave pattern then Should be pick a opportunity.
FTM/USDT Elliott Wave count 12H TFFantom into a falling wedge pattern what I think it is a 5th wave ending diagonal, translated into Elliott wave theory.
Probably we ended the wave A from an ABC 5th wave of a 5th wave bigger degree and now we may enter into wave B from this ABC pattern(red count).
A trade plan here is to sell into 0.5 - 0.618 fib retracement (0.235 - 0.226 zone) of the wave A where also we have a strong resistance, the red pointed slope trend line.
Targets for this 5th wave is 0.150 - 0.145 zone where we have previous low from July 2021. We may take into consideration a truncation here as 0.618 fib extension 3rd vs 4th it perfectly aligns with the previous November 22 bottom.
Bigger picture remains bearish on FTM.
Any breakup of the wedge pattern will invalidated the count!!
If you want me to analyze other coins that interest you, please write in the comments, I will gladly do it within the available time.
Good luck!
FTM / USDT 1D Interval - Targets and StoplossHello everyone, let's look at the 1D FTM to USDT chart as you can see that the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.2091
T2 = $0.2193
T3 = $0.2277
T4 = $0.2355
and
T5 = $0.2473
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.2019
SL2 = $0.1854
and
SL3 = $0.1644
Looking at the CHOP indicator, we see that most of the energy has been used on the 1D interval, the MACD indicator indicates that we are moving in a local downtrend.
🔥🚀FTM: OPEN A TRADE AFTER THE PULLBACK🔥 Hi friends! Fantom is a most volatile and strong altcoin. It makes a huge pump at time when the other alts just consolidate.
Now we see the local dump with BTC, so we should wait for the pullback or continuation of dump. I make the idea that help you to open a trade at any case.
📊 SHORT TRADING PLAN FOR FTM:
🔥 pullback and the false breakout of the local key level
🔥 test the value area as the resistance
🔥 volume growth
🚩 Volume growth is the key thing. As you can see, the huge massive growth in volumes was almost at the very bottom. Now we see that volumes are also starting to grow significantly.
✅ TARGETS FOR FTM:
1. $0.21 - the key level and local low
2. $0.2 - the key level and even number
3. $0.18-0.183 - the value area
Take a look on the $0.21 key level, because here we could see the reverse of the trend so book at least 50% of profit from short trade.
Traders, what your thought about FANTOM? Is it promissing altcoin and can bring us good profit? Write your opinion in comments!
💻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: OPEN TWO PROFITABLE TRADES USING ONE TRADING PLAN🔥 Hi friends! FTM is looking stronger as the most altcoins during last 2-3 month. It's skyrocketing even before FTX start to crush. Now we see the local pullback because of BTC pullback and the false breakout of key level $0.2614.
SHORT. I think that FTM can make at least one pump before return to $0.22-0.23 value area which is HUGE SUPPORT. The final pump above the key level of $0.26 force the retailers to buy. They also become the fuel🔥 for the dump.
🚩 The volumes should increase that show you pressence of the whales who selling their holdings to retailers that buy on PUMPs.
✅ THE TARGET FOR SHORT IS THE CLOSEST AND BIGGEST VALUE AREA OF $0.22-0.23.
LONG. You can open a long trade on the same false breakout of the local level. I have marked for you on the chart the most possible scenario according to which this trade deal can be opened.
🚩 Always pay your attention to the volume indicator. It helps you to see where the big guys sell and buy crypto.
🔥 Personally I use DOM and Footprint scalping tools that help me to trake the real whales orders in live. I have a lot of study materials and videos about this indicators.
✅ THE TARGET FOR FTX LONG WILL BE THE KEY LEVEL $0.26, BUT CAN BE CHANGED ACCORDING TO THE BTC MOOD.
💻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.
The point to turn to the medium-term uptrend is...Hello?
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(FTMBTC 1W chart)
It is in a position to radiate the power of ascension.
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(FTMUSDT 1W chart)
The key question is whether it can rise above 0.3339.
To do so, it is necessary to confirm that it can rise with support in the 0.2280-0.2571 range.
(1D chart)
The key is whether it can rise above 0.2571 and receive support.
If not, a decline below 0.2280 is likely.
A break below the downtrend line is expected to lead to an attempt to rise above 0.2887.
At around 0.2887, the M-Signal line on the 1W chart is passing, so a move to a medium-term uptrend is needed to keep the price near 0.2887.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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FTMUSD - ShortLooks like a nice double top playing out. Half-size now, will add on a break below of 0.23. Should be a swift move down once that happens.
Starting with a wider stop but will cut if we see a close above 0.25 and re-evaluate together with the PA of BTC.
However, for now looks like a good short