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
FTMUSDT
FTM Accumulation Phase D - SOS NextChart says it.. FTM appears to be in accumulation schematic #2, which doesn't have a spring event. This doesn't necessarily mean FTM will appreciate in value relative to USD.. but it does imply that it will appreciate in value relative to BTC.
FTMForming Falling Wedge In Daily Tf
rsi Printed Bulish Divergance
incase Of Breakout Expecting Massive Bulish Rally
Expecting Minimum 3 to 4x
FANTOM - FTM flexing - Andre's ProphecyFANTOM - FTM flexing - Andre's Prophecy
Update DEC 2022 ;
Andre posted some pumpy financial stats. FTM immediately initiated an off the bottom pump structure.
His stats etc are indeed very bullish for FTM's future (basically have massive cash dev runway/managed/ponzid their way to a very strong position going forward). That means DEFI round 2 will prob see FTM rocket up the ranks faster on the next bubble.
Long term accumulation imo.
May have one leg down; if BTC does the 10k thing then make no mistake FTM will PLUMMET; even if it has a big future. because; its a shitcoin and it went up so much already. like RUNE.
We seem to always be at a pivot, but here is another one here. if the price action produces another strong roll over, exit all markets and watch out below; if we keep grinding up like this its going to quick moon and buckle up.
Catch the ratio with higher risk FTM small cap plays; SPIRIT - BOO - LQDR etc
$FTM - doomed in Lower TimeFrameHello my Fellow TraderZ,
In my previous analysis about $FTM on Daily, I made a cautious statement regarding its PULLBACK to test the EMA55 on Daily at the least.
If you see here on lower TF, price has broken the support TL. So, I am expecting a slight above move to retest the broken TL(looking at S.RSI) and continue the down path.
BUT If the price reclaims the TL then this down move would be a FAKEOUT & price could once again tend to retest the Major above TL(Daily).
Be patient, anyside $FTM will move rapidly.
Happy Trading. CHEERS!!!
FTMUSDT Short Setup!FTMUSDT technical analysis update
Short level: $0.230 - $0. 235
Stop loss : $0.241
TP 1 : $0.225
TP 2 : $0.216
TP 3 : $0.205
Always keep stop loss
FTMUSDT.P - 4H Ichimoku levelsHere we trade FTMUSDT.P using 4H Ichimoku support/resistance levels.
Note: this is not a high probability trade, so we enter with relatively low volume and place our stop close to our entries. If markets run against us, we'll take a comfortable loss and not suffer too much.
What do we see?
In our opinion, FTM did not yet reach its target: the orange zone indicated on the chart. This zone would be our price range to look for a short entry.
Since we did not yet reach our target, we are willing to play the long. Key to this descission is the slight increase in momentum on the last high formed, RSI(14) made a higher high compared to the latest RSI high. Had we not seen this increase in momentum, although very small, this trade would not have been on our list.
Once again, prices might just as well go down further. Meaning we will get stopped out. But since we don't take crazy risks here, we're comfortable with a potential loss. In that case we'll just set an alert and trade the zone at a later time.
Remember: this is just an idea, NOT financial advice. Please do NOT take this trade, as it may run into a loss. Only take trades that fit YOUR plan and/or risk tollerance. If you did like this idea consider giving it a boost. Happy trading!
Fast long trade on FTMFast long trade on FTM like previous idea with short. But in this moment we to try move from down level of channel. Will see.
FTM touched the first target!FTM touched the first target!
FTM had good price growth during the last week. After buyers supported it in the $0.17-$0.18 range, Fantom's rally pushed the price closer to the ceiling of the descending channel. A resistance was considered in the range of 0.260 to 0.258 dollars, and the first contact to this range was associated with a negative reaction. But there is an important resistance in Terri in the $0.300 range, which can be a profit-saving place for some short-term buyers.
Given Fantom's impressive rally against many altcoins in the event of a correction, the target range for reactive support is $0.190-$0.20, which is yet to see a pullback to this level. In the 4-hour time frame, a range zone is observed below the $0.260 range. If the resistance is broken, the price growth can continue as long as the width of the channel range until the price hits the ceiling of the channel. So as mentioned, resistors are prone to negative reactions and should be monitored carefully.
$FTM - Just a matter of TimeHello my Fellow TraderZ,
#FANTOM $FTM - consolidating near the TL. Well I wish this one to break upward for some handsome profit.
But if you see on DTF, S.RSI is on overbought territory, which could bring price further down towards $0.2050-.2175.
Well I am just sitting and waiting for either the pullback or break the TL.
CHEERS!!!
#ftm/usdt cup & handle pattern ftm/usdt 1 day chart farming confirm cup & handle pattern bullish in short term.
FANTOM Cup & Handle Bullish Build UpKUCOIN:FTMUSDT
FTM is still looking strong for a Long and this is an update to previous idea.
Not broken yet but printed build up for more reliable breakout.
On breakout SL under breaking candle.
Entering the breakout before the breakout? ... stop loss under build up
Possible upside targets 0.2733, 0.2910, 0.3128.
* Learn to buy support - see the lower horizontal rays to understand how to build edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
FTM 4H BUYFTM 4H support is at ~$0.21
Enter 50% at the current price
and try to set some BUY orders near the support zone
If FTM stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
FTM CAN DROPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FTM symbol.
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
FTMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
Here we see R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom of the chart which represents the support of price since the past. Presently, we have the fluctuation of price over S1 and we believe it will fall to this area again and by giving us some rising signs, an increase is expected for the price to higher amounts such as R1 or R2. If the price loses the support at any point, even by reaching R1, it will experience more decline then. It is highly recommended to activate your stop-loss points for the purpose unstable situation of market.
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
FANTOM Bullish Pennant!KUCOIN:FTMUSDT
FTM has had a strong run and possibly breaking out of Bullish Pennant for upside to 0.2733, 0.2910, 0.3128.
Learn to buy support - see the lower horizontal rays to understand how to build edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Fast trade on FTM - SHORTFast trade on FTM - SHORT with 1:1 risk\reward value. Point that we on the high level on the up trend channel. And "should" go back to middle of channel
This Logarithmic Chart Shows Fantom at Key IntersectionThe weekly Fantom (FTM) chart exposes a massive logarithmic channel that shows the FTM price at a key intersection between the bottom of the channel and a multi-year support level. An analysis of the FTM price action behavior within the logarithmic channel may reveal its next move.
FTM Logarithmic Channel
Long term, the FTM price remains locked in a logarithmic ascending channel. By connecting the previous peaks and bottoms, we can outline a clear ascending channel that shows potential future directions of FTM price.
In the short-term, FTM is already bouncing off the bottom of the channel. The bottom of the channel also aligns with a multi-year support zone between $0.15 and $0.16, which adds more confluence to this price area.
FTM Bullish/Bearish Cycles
The channel’s middle boundary played a major role in delimiting FTM’s bullish and bearish cycles. When the FTM price broke below the middle of the channel, we entered a bearish cycle.
We can also note an almost perfect symmetry between the length of the bullish cycle and the length of the bearish cycles. On average, FTM price has experienced a 60 week cycle.
If we project the same 60-week cycle into the future, we can expect FTM price to break the middle of the logarithmic channel by mid-2023, which would also be the start of the next bullish cycle.
RSI Oscillator
The Relative Strength Index (RSI) has the tendency to call the breakout of the middle channel in advance. A break above the 50 midpoint can potentially signal that the bottom is set in place.
Looking forward: The first resistance level comes near $0.42 level followed by the $1.0 big psychological level.
$FTMUSDT UPDATE!!!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
FTM/USDT Elliott Wave count 3D TFFantom may drop soon to end a 5th subwave from a 5th wave of a C wave from an extended flat correction that probably is wave 2.
What I expect next is a downward movement of the price to the 0.1455 zone marked by fib projection 3 vs 4 that you see in the zoomed picture of the last price action moments to complete this 5th wave from an ending diagonal .
I think that soon we will have the end of wave 2 and the Fantom will start the formation of wave 3 from a higher degree.
At this time I expect this wave 3 to start from 0.1455 zone where probably we will have the bottom of the correction.
I will stay short untill this ending diagonal is completed!
I have also a scenario with wave 4th a triangle but I will put it as a comment so as not to clutter the view but the overall things are bearish .
If you like my analysis please hit the like button and subscribe for future elliott wave counts!
Good luck!