FTMUSDT
Fantom/usdtBest Chart You can see today
fantom looks really interesting but we need just a breakout the trend ( as chart shows ) and close above with daily candle & high volume
Target on chart Starting from 1.5$ to 3.5$
for 5.5$ maybe it will take couple of months
this is a personal opinion and NFA
Thank you
FTM USDT 27% PROFIT TARGET READ DISCRIPTIONCertainly! Let's break down the potential trade setup for FTMUSDT:
1. **Market Analysis**: FTMUSDT is currently positioned within a buying and demand zone, typically areas where significant buying interest exists. Additionally, it's identified as a reversal zone, suggesting a potential change in the direction of price movement. This zone ranges from 0.94 to 0.97, indicating levels where buyers are likely to enter the market, potentially leading to a reversal in the downtrend.
2. **Price Action Analysis**: The price action analysis reveals that FTMUSDT is within a buying zone and forming an ascending triangle pattern. Ascending triangles are bullish continuation patterns characterized by a flat upper trendline and a rising lower trendline. This pattern suggests increasing buying pressure and potential upward momentum.
3. **Trading Conditions**: To initiate a trade, specific conditions must be met. Firstly, a bullish candle breaking above the upper trendline of the ascending triangle acts as a signal for a potential bullish breakout. Secondly, confirmation of the breakout occurs when the accompanying volume surpasses the moving average, indicating strong buying interest and supporting the validity of the breakout.
4. **Profit Target**: The profit target for this trade is set at 29%, indicating the desired percentage increase in price from the entry point. This target reflects the trader's expectations for the potential upward movement in FTMUSDT following the breakout from the ascending triangle pattern.
5. **Risk Management**: Alongside profit targets, implementing effective risk management strategies is crucial. Traders should consider placing stop-loss orders to limit potential losses in case the trade moves against expectations. Additionally, monitoring the trade closely and adjusting positions as necessary is essential to manage risk effectively.
6. **Market Psychology**: Understanding market psychology is key. The presence of a buying and demand zone, coupled with the formation of an ascending triangle pattern, suggests increasing optimism among traders. This optimism could further reinforce the bullish momentum if prices start to rise, potentially attracting more buyers into the market.
7. **Flexibility and Adaptability**: Traders should remain flexible and adaptable in their approach. Markets are dynamic, and unexpected events can occur. Being prepared to adjust strategies in response to changing market conditions is essential for successful trading.
In conclusion, the trade setup for FTMUSDT presents a compelling opportunity based on a combination of technical analysis, price action, and market psychology. However, prudent risk management and continuous monitoring of market conditions are essential to navigate the trade effectively and maximize potential returns.
FTM/USDT LONGThe situation is very similar to TAO, and currently to a large number of alts. Reflection from the bottom line of the ascending channel. The breakout of orange can be considered a bullish signal. Phantom has been showing relatively strong strength in recent weeks, currently on a correction of approximately 20%, this may be a good buying opportunity provided that the BTC price does not fall.
FTMUSDT Buy Opportunity!!FTMUSDT a layer1 project, has experienced a significant 90% decline from its previous all-time high (ATH). Currently breaking through resistance, it's on its way to the next level at $0.65.
FTMUSDT (1W Chart) Technical analysis
FTMUSDT (1W Chart) Currently trading at $0.33
Buy level: Above $0.31
Stop loss: Below $0.25
TP1: $0.38
TP2: $0.45
TP3: $0.5
TP4: $$0.65
Max Leverage 2x
Always keep Stop loss
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FTM - LONG Setup with resistance breakoutBINANCE:FTMUSDT (1D CHART) Technical Analysis Update
FTM is currently trading at $0.4322 and showing overall bullish sentiment
Current price is around the resistance zone and looking to breakout from the resistance. The resistance breakout can push the price of the FTM higher and we have a good opportunity for LONG trade
Entry level: $ 0.4517
Stop loss level: $ 0.3952
Target 1: $ 0.4688
Target 2: $ 0.4904
Target 3: $ 0.5298
Target 4: $ 0.5683
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
FTM (Macro Picture)FTM / USDT
Fantom is one of my favorite coins so far
I made alot of signals and calls in FTM recently which ended in nice profits
Macro Picture :
This is the long term / macro picture which can updated per weeks to months only
Mid term targets (wave 3) : 1.8$ - 2.2$
Then a possible huge correction (wave 4)
Long term targets (wave 5) : 5.5$ - 8.8$++
If we reached there the holding in this area will considered a risky as the distribution phase will start near there
Confirmation : breaking 1.15$ weekly
Note : this is my long term view .. in short term strong fluctuations expected to happen
DYOR
Who Wants To Double? #FTMFTM has formed a reverse head and shoulders pattern in 3D chart and ready to explode any time soon.
RSI currently: 75 Ultra Bullish,
Macd: Golden Cross already came in,
DMI seems to be bullish in lower time frames as well,
Ichimoku also gives every possible bullish signal it can give,
Well everything on the chart.
If it closes 0.556 in weekly time frame I'm going in with 5X leverage.
Good luck to us all.
Fantom $FTM is backUPCOM:FTM weekly shows how early we still are in the Fantom recovery from the bear A 30% move pumped the bags y'day and only just gets the rsi into the ignition phase The FTM weekly rsi can be in the traditional OB area and rising for several weeks including through consolidation accumulation phases on the way through There is so much incoming with Fantom Sonic dropping any day and UPCOM:FTM is not yet listed on Coinbase When this drops there will be money flow in like we have not seen since the last Fantom Bullrun The macd has lots of coal to burn you are still sooooearly Fantom maxis and OGs will be getting their mojo back about this today Fade the FTM at your peril DYOR NFA!!
SasanSeifi 💁♂Potential Breakout and Future Price TargetsAs you can see from the chart, the price of Fantom is currently trading within a descending trendline at $0.44 cents. If the price breaks and consolidates above the important $0.47 level, we can expect further growth and an upward trend to the $0.66 supply zone and the $1 price range. The important support zone in the long term is $0.38/$0.34 cents.
Please share your thoughts and insights in the comments below! I'd love to hear your take on the FANTOM chart.🙌🧐
This is not financial advice. Always do your own research before making any investment decisions.✌
FTM: 3-hit in high📊Analysis by AhmadArz:
🔍Entry: 0.9312
🛑Stop Loss: 0.9881
🎯Take Profit: 0.8719-0.8131
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
FTM 💣 Ichimoku BREAKOUT Hey guys!
Kina here, well FTM coin has been on a range for a very long time and still is stuck in a box. But as it bounced off from support I believe is going to re-test the resistance of this range which is at about 0.65 zone. So we could set potential targets in that area.
Now, as we can see FTM pierced through the cloud, re-tested it and then bounced off from it again. An ichimoku cloud on a daily chart means we can go long and hold for as long as the coin give us! When price goes back into the cloud we keep the money and stay out of the trade. That's one classical way to use this famous indicator. Safe and consistent approach if you don't want to overthink it too much!
Hold dearly and risk wisely,
Kina 💣 The Girly Trader
Trading Signal For FTMUSDT Trading Setup:
There is a Trading Signal to Buy in FTMUSDT Fantom (4h) (Futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.728
⭕️SL @ 0.657
🔵TP1 @ 0.961
🔵TP2 @ 1.100
🔵TP3 @ 1.260
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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FTM/USDT bullish move from key support? 🚀 FTM Analysis💎 Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level.
💎 In the dynamic world of cryptocurrencies, #Fantom has experienced fluctuations but is now poised at a crucial support zone of $0.4165. If #FTM can firmly establish itself above this threshold, we may see a vigorous rally towards the resistance level of $0.5607, signaling a bullish phase in its trajectory.
💎 Given the unpredictable nature of the crypto market, flexibility and adaptability in your strategy are paramount. Should UPCOM:FTM struggle to secure its position at this pivotal support, it might be time to consider an alternate approach.
💎 Plan B involves a strategic pivot, focusing on a bullish revival from the lower support level at $0.3431. Monitoring this level is vital, as falling below it could suggest a shift towards bearish trends. Keep your wits about you, Paradisers, as we journey through the fascinating landscape of the #FTM market.. 🌴💰