FTM / USDT 4H Interval - Targets and ResistanceHello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.1993
T2 - $ 0.2026
T3 - $ 0,2051
T4 - $ 0.2052
and
T5 - $ 0.2117
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.1924
SL2 - $ 0.1889
and
SL3 - $ 0.1859
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
FTMUSDT
Fantom FTM: Detailed Technical ReviewToday you can review the technical analysis on the 1D linear scale chart for Fantom (FTMUSDT).
Fantom price is below the median line in the Keltner Channel which seems to be resistance for a while. I put various Support and Resistance lines on the chart as well as the Ichimoku Cloud which is serving as resistance. RSI, Stochastic RSI, MFI, and Volume are shown in the chart.
If price falls further lower, expand the chart to see lower support lines.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
FTMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
Here we have R2 that used to be a support area. R1 is our resistance line in which expresses the price was unable to rise. And S1 and S2 are the support areas at the bottom of the chart. Thus, we have the price fluctuating below R1 and we expect it will have a fall after reaching the mentioned line. If we receive some confirmation candles to fall, our short position is activated and a decline will happen toward S1. It is not so probable at the moment that the price moves above R1 and have more increase.
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 pump: the whales traps last long tradersHi friends! Fantom is making lower lows but the volumes are also falling lower. I marked it on the chart.
✅ This is not common thingand mean that there are no sellers at the market. Also the whales collect enough liquidity and don't let the price fall lower. FTM could make at least the local pump.
📊 The preconditions to open a long:
🔥 volume growth during the DUMP
🔥 squeeze to the trendline
🔥 bullish BTC
🚩 Pay your attention to the first value area of $0.22-0.23. If we see the false breakout or test as the ressistance i recommend you to book at least 50% of profit. If I will see the sign of bull strength+DOM and Footprint wall orders to sell, I close 100% and open the short trade.
✅ The targets for FTM long. 3 value areas:
1. $0.22-0.23
2. $0.27-0.28
3. $0.34-0.36
🚩 Book 50-70% of profit when the price reach 2nd target.
💻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 1HFormation of an accumulative rectangle, it needs to break the region of $o.4223 to get out of this imprisonment. Its bottom in this formation is at $0.1865 and from the top on 10/26/2022 from $3.05 until today, it had a devaluation of 94, 15%. Part of this devaluation is due to the problems caused by the departure of one of the Devs, which did not affect the platform, which has good fundamentals, but generated a feeling of panic (panic seller).
Follow support and resistance in H's time frame
S: 0.2015 / 0.2034
A: 0.2057 / 0.2102
FTMUSDTHello Dear friends
On the 4-hour timeframe, we have a negative channelization movement, and on the other hand, the price is currently very compressed and is in a fixed range.
Considering the maintenance of the yellow range ($0.2157), there is a high probability of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments
FTM TRIANGLE PLAYI can see one more leg up from the bottom of this forming Triangle. If we can hold the price above the range VAL, then my TP1 would be the POC, TP2 the Golden Pocket, wich is in confluence with the actual Triangle trendline resistance. Stop loss is near by the 0.882 Fib level, because if the price would fall to this level, the full triangle plan would be invalid. For this move the DXY has to continue the sideway ranging move (about 1 Posted yesterday), because this can give some fire for the ES, and the Crypto Market.
✅FTM SQEEZE TO THE TRENDLINE! ONE PROFITABLE SCENARIO🔥Hi friends! FTM have no deep bullback after the test the trendline for the 3rd time. It`s the huge sigh which show to us the pressence of BIG guys. They support the price and don`t let FTM fall lower.
🔥 Possibly they will want co collect the liquidity one more time below the local lows of $0.215 where a lot of sl of long tradrs are placed.
📊 The volume should grow on this manipulation. The volume indicator is the important tools that help to identify the best place of trand reversal. In this case we will understand that the bottom is riched and whales support the price.
Now we can see how the price is squeezing to the trendline. You can also try to open a long now and if BTC will start pumping you can make at least 1:5RR on this trade.
🚩 Personally I use the DOM and Footprint sclaping indicators to identify the support and resistance by the whales and open a trade with them.
✅ The closest targets are the top of the value area $0.26-0.28 and $0.33-0.36.
💻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
⭕Now is the time to buy Fantom cryptocurrency🧨🚀🔰You can see the analysis of Fantom cryptocurrency in the 4-hour time frame (FTMUSDT_ 4H)💣🔍
💥The price behavior is clear in the picture🧐👌 Due to the presence of the price near the DEMAND zone❗, there is a possibility that the price will rise to the Resistance🧡 area🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
__________📈TRADER STREET📉___________
FTM/USDT Elliott Wave count 4H TFFantom looks good to play a long position.
We have a break of the slope trend line also a retest.
Another clue is that It bounced 0.618 fib retracement.
At least for a C wave target is 0.2500.
If you want to play more conservative you can enter on the break above 0.2380
Good luck!
FTM is going down more FTM is looking bearing...
It's just broken below the neckline of the Head and Shoulders...
If we take the difference between the high and low of the pattern, you'll get the first target of 0.07446.
Most penny cryptos are in trouble as the major Cryptos are leading the pact. And so, with the winter continuing, uncertainty in the market, the collapse of Ethereum after the merge and with Crypto going into a more centralised situation - we can expect the little guys to fall.
FTM is no exception.
FTMUSDT 3D FTM price "make it or break it"Today we will consider the global chart of FTMUSDT on a 3-day timeframe
From 2020 to 2022, a growth trend continued with sky-high %% growth.
In May 2022, the growth trend finally broke down in the liquidity zone of $0.67-0.80
In June - July 2022, sellers and buyers reached a compromise zone - a conditional bottom near $0.20
A retest of the +/- $0.20 liquidity zone is now taking place, and a Double Bottom reversal figure is likely to form
I would like to believe this, because as you can see on the graph, below $0.20 there is a total void of liquidity and the probability of devaluing FTM by 10 times.
Only the fact that:
- May-July 2021 - BTCUSDT price on the bottom +/- $30,000, FTMUSD price +/- $0.20
- May-July 2022 price of BTCUSDT on the bottom +/- $18000 (-40%), FTM price unchanged on the bottom +/- $0.20
That is, it can be assumed that FTM is purchased in a pair of FTMBTC, which gives hope that the Fantom is still interesting to large investors.
And therefore, the growth of the FTMUSD price, at least to the above-mentioned liquidity zone of $0.67-0.80, is completely real, and this is x3 from the current price.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
FTM/USDT 4H Interval - Targets and ResistanceHello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is moving in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.2305
T2 - $ 0.2350
T3 - $ 0.2394
T4 - $ 0.2456
and
T5 - $ 0.2539
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.2231
SL2 - $ 0.2175
SL3 - $ 0.2129
and
SL4 - $ 0.2084
Looking at the CHOP indicator, we can see that in the 4H range the energy is slowly starting to rise, while the MACD indicator confirms the local downward trend.