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Bounce out of Golden Corner Pocket, reaction off PF median line. 👌
May have one more W4 in there.
Looking for an impulse down and internal retrace, as
always.
Trade Safe,
Trade Clarity.
FTMUSDT
FTM/Sonic is a bargin - longWill Fantom/Sonic overcome all skeptics?
My thoughts, not financial advice....
Anything under $0.50 for FTM is ridiculously cheap. Be prepared for the Sonic-train to move quickly.
Sonic testnet delivers speed of light, time to finality <0.7 seconds (today). Probably the fastest blockchain on earth?
Serious backing, great tech, and trend breakout (D)
DCA or come back later (buy higher)
Fantom FTM price forming a powerful movementThe #Fantom price has been accelerating upwards quite aggressively for 3 days now.
Now OKX:FTMUSDT is approaching the neck, which is the critical point of the inverted head and shoulders pattern.
And now we have two options:
1️⃣ wait when #FTM price to breakout and consolidate above $0.51 and take a long from there.
2️⃣ or put “buckets” in the global purchase zone of $0.36-0.42, which we wrote about in our previous idea. 👇
Well, the take profit is $1 or $1.8, it depends on your trading strategy and patience)
FTM Long Position (Oversold Conditions) Market Context: FTM is at a key support level and is oversold on medium timeframes, making it a favorable candidate for a long trade.
Trade Setup:
Entry: Long spot position at $0.43 support level.
Take Profit:
First target: $0.50
Second target: $0.60
Stop Loss: Just below $0.40
📊 This setup aims to capitalize on the oversold conditions and key support, with clear profit targets and a tight stop loss to manage risk effectively. #FTM #CryptoTrading #SupportLevel
Fantom | FTM & Andre Cronje FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what...
FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price increase in the last 24 hours and a 11% price increase in the past 30 days.
Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. .on Jan 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network and ftm whales use every opportunities to accumulate as much as they can
since we published our first ftm chart and hit all targets - 100% gain - its time to look at the chart again and set new targets.
The daily EMA showed bullish signal at 0.35 and it shows the down trend is over. RSI shows bulls are in control. ftm successfully broke ascending triangle at 0.23 and broke 0.29 and 0.31 resistance as well. next targets for FTM are 0.57, 0.59 and 0.63$ and if you trade with btc pair ftm broke 000016 resistance and heading to 000018 and 000020
Crucial Points To Prevent Further Price DeclinesBINANCE:FTMUSDT FTM is trading within the $0.46 to $0.48 support range. These levels serve as crucial points to prevent further price declines. If the price stabilizes within this range, there is a potential for an upward move.
Potential Scenarios:
Maintaining Support and Moving Upwards:
If the price holds within the $0.46 to $0.48 range, there is a possibility of rising towards the $0.54 and $0.55 targets. These resistance levels could act as short-term price objectives.
Breaking Support and Continuing the Downtrend:
If the price fails to maintain these support levels and drops below $0.46, selling pressure may increase, leading to a move towards lower levels. In this case, traders should closely monitor the market's behavior.
FTM ANALYSIS (4H)From where we entered start on the chart, it seems that FTM is forming a diametric pattern.
Soon it seems that FTM will enter the G wave.
In the supply range, look for sell/short positions and in the green range, you can look for buy/long positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ALTS in ACCUMULATION ZONE !The accumulation zone is your ideal BUY zone. The reason being, is that with some patience the next part of the cycle is the increase / impulse wave UP.
1) SHIB
2) DOGE
3) RUNE
4) FANTOM
There are a few more, but that's what we have time for today! Catch us here again tomorrow for more updates.
______________________________
BINANCE:FTMUSDT BINANCE:RUNEUSDT BINANCE:DOGEUSDT BINANCE:SHIBUSDT
FTM buy/long setupWe have a bullish iCH on the chart.
A liquidity pool can be seen above the chart.
The price has not reached the main supply and the internal structure is still bullish.
FTM is expected to move from the demand box to the supply box.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
$FTM lower timeframe rangeFTM is showing relatively strength over the last 24 hours
Nice bounce from daily demand zone, with 58.84% increase from the lows
4-hour timeframe:
Price is currently retesting the 4-hour ema200 (green), we can expect a rejection at this level
1-hour timeframe:
$0.37 is acting as support (equilibrium) , if we can manage to hold this level, a clear path toward $0.45. Failure to do so, revisiting the lows $.30 to $0.28 is plausible
FTM/USDT Weekly Key Notes: Prime Long OpportunityThe chart is looking exceptionally promising for a spot trader like me—perfect for a long position from this key level. The market is bouncing off and showing strong reversal momentum, and I’m feeling optimistic about FTM. My targets might seem a bit ambitious, but the technicals on this chart seem to back up my enthusiasm. It’s an excellent chance to fill your bags. I’ll be referring back to this post in the future, and if you miss out, I might just rub it in—though if it doesn’t work out, I might end up needing a basement to live in! Jokes aside, the coin looks set for a strong uptrend in the near future. I’m also highlighting key entry levels for long traders.
Best of luck!
FTM basic technical analysisGATEIO:FTMUSDT
Always keep your analysis on higher timeframes simple
Possible Targets and explanation idea
➡️Global weekly fib. Trade now under -0.27 zone (accumulation zone)
➡️Main stop losses marked on a chart
➡️Marked main target for global correction. Its not an option so all alts beat previews all time high
➡️Volume trade levels might be retest soon
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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