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FTMUSDT

✅FTM: false breakout of the triangle! How to trade it?FTM is moving in a triangle, and if bitcoin falls, it will pull the altcoin price with it. 📊What are the preconditions for the price fall? 🔶First of all, the volume indicator shows that a lot of FTM coins were sold out after the huge growth. All these long traders will be fuel for the fall after the triangle breakdown. Additionally 2 other volume growth at the bottom shows us that the some traders accumulate FTM for long but also can be trapped. 🔶A bullish trap that could happen if the price break it up and return to the triangle would be a second reason to open a short. Volumes on the indicator should rise above the average, which will show us selling to long traders, after which it will make them fuel for the fall. Also, the price could squeeze under the lower boundary of the triangle and break it down without a bullish trap. 🔶The price is now in the middle of the value area of $0.34-0.38, but if the price falls under that area, it will become a huge resistance for the altcoin. ✅Target 1 - key level of $0.3 ✅Target 2 - key level of $0.24 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
3
FTM/USDT Price Prediction Up and Down side both Scenarios#FTM/USDT Technical Analysis:- $FTM High Time frame Sentiment is not bullish but we can see some upward move ( Bearish Retest ) So Don’t Think it will again go 10x-20x and Always book profit time to time in crypto. Now I am expecting $0.6-0.7 test before Another dump. White Support line is very important So if this will break then $FTM ready to test $0.05 0.5 Dib Retracement also around $0.9 so this will be Exit point. No Doubt $FTM is good for Long term but keep in mind Bear market is always bear Market for All Coins. Support:- $0.3/$0.16/$0.05 Resistance:- $0.42/$0.65/$0.9 Spread your Love and Share your valuable Views. Thank you
Long
by CryptoPatel
4
FTMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for FTMUSDT According to our last analysis on May 22, the rising trend of the price happened and now we observe that it formed the head of our head and shoulders pattern and obviously the price is moving down to form the right shoulder, as well. At the present, the price has broken the S1 line (which used to be a resistance line) and it is fluctuating over the S1 and moving in R1 area now. We expect the price to move to the top of R1 and then start its falling trend down o S1 to form the right shoulder of our pattern. Even it is possible for the price to move over R1 and then continue higher to R2. 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
7