Fantom(FTM) created a Harmonic BatFantom just formed a beautiful bearish harmonic Bat pattern and started its downward journey from the final point. Bears can start selling targeting the demand zones shown on the chart. We alseo have to wait for market act.
FTMUSDT
FTMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
growth from current price or through one more decline in zone ~0.15$
I dont wanna miss trend that's why im already in pos and will buy more if we get one more decline.
In any case we're in a global buy zone
Entry: market and lower
Targets: 0.25 - 0.35 - 0.45
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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Ftmusdt Formed & Breaking Falling Wedge In daily Timeframe Incase Of Breakout Expecting Massive Bulish Move In coming Days
(Note) Entry Will Be Only Valid After Confirmed Breakout
And According Falling Wedge Pattern Safe Stoploss Is Recent Low Its Just An Idea Do Your Own Research Before taking Any action
Elliot Wave on Fantom FTMUSDTHi
You can see probable way for fantom.
I thing we start Wave B (50%~62% Fibo Ret from downtrend)
Fast long on FTMFast long on FTMUSDT. The idea that we are on the low level of small uptrend and now we should try to test new high. Will see.
$FTM - FALLING WEDGE BREAKOUT?!$FTM - FALLING WEDGE BREAKOUT?!
I rarely chart $FTM but this caught my attention.
A big breakout with a target of potentially $0.385 cents.
That's is a +50% gain from here.
Is the bull-market back?
#Fantom
FTM - Corrective structure for a while. Bullish short term. I could paint the 5 waves down as a corrective structure. But, I simply can't ignore how much they looks like an impulse, making me believe more in a wave A... :
- Deep wave 2 retrace
- Strong wave 3
- Diagonal 5 with a divergence.
This would be my main count on FTM. There is considerable upside to be had regardless. A notable minimum target on this would be the .382 of wave A.
Safe trades to all and happy analyses.
Probability of breaking the resistance of the channel ceilingIf the favorable conditions in the market continue, the probability of breaking the resistance of the channel ceiling and moving towards the next target in the range of $0.30 will increase. The second resistance is a range that can be broken in the daily timeframe to change the trend. Therefore, in this week, the way the price hits the ceiling of the channel and the type of its reaction can determine the continuation of the trend. In the 4-hour timeframe, we can consider a narrow ascending channel. If the bottom of the channel breaks, there is a possibility of price reduction and the formation of a range trend.
FTM long - Fantom looking strongFTM are looking strong and now teasing a weakly break. I think it could be a good time to find a FTM-trade on lower time frame that could turn out to be a be a long time hold if the market turn "bullish". This trading idea have 1.0 risk reward ratio. Disclaimer - Fantom is one of my favourite coins all things considered...so I really try to find a good entry for a long time hold.
FTM short5 wave setup
subwave 1 of wave 5 is longer than subwave 3
> invalidation of the w5 target would be the length for w5 to make w3 the smallest wave.
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?
Vero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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.
BUY OPPORTUNITY ON FANTOM !!!The market is still bearish. So should not do risky one (position). But sometimes we see some special signals in opposite way from the main trend, like this one (on Fantom).
Stay tuned for more updates & signals...
Fast short on FTMFast short on FTMUSDT. Stable flat channel and we are around up level. Try to short it with target around low levels. Will see...
0.0093 Fantom.You can make money about 90% in short position.
Blue line is major support for FTM . Please consider SL in blue line zone . I think price will go down from BLUELINE!!!
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.
