Get started

Ftmusdtidea

FTMUSDT Will This Bullish Reversal Hold?Yello, Paradisers! Have you been watching #FTMUSDT closely? This analysis could determine your next big move! 💎#FTM is showing promising signs as it bounces off the demand zone, forming a double bottom a classic bullish reversal pattern. However, the key question is: Can FTM break through the descending resistance trendline, which has been rejected it three times already. 💎For FTM to switch back to bullish momentum, it must break through the descending resistance. A successful breakout will likely lead to a significant upward move towards our target strong resistance area. 💎If FTM fails to break the resistance, it may test the demand zone at 0.386 again. This could either create new momentum or form a triple bottom. 💎 If FTM breaks below the demand zone and heads toward the key support area, it would be a concerning sign. The key support at 0.309 is critical; a daily close below this level would invalidate the bullish scenario and suggest a higher probability of further downward movement. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
FTM (Fantom): Approaching SupportTrade setup : Price remains in a downtrend. It had a failed breakout from Falling Wedge pattern and failed to stay above $0.50 resistance, which would signal trend reversal. If it breaks back above $0.50, it could revisit $0.60 for a +20% gain. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.40, then $0.30. Nearest Resistance Zone is $0.50, then $0.62.
Long
by altFINS
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 Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
5
FTM → Fantom Aims for Resistance Zone! Should We Short Here?FTM came into contact with the Daily 200EMA support after three pushes down, a pullback from the $0.57 high. The price bounced off of the 200EMA and is in now what appears to be a second leg up toward the high. Should we prepare to enter a short? How do we trade this? 🤔 We need this bull pattern to play out and give us a reversal signal before we entertain a short. I believe Bitcoin has some more time in the coming days and even weeks to potentially top out and reverse hard to the downside. That gives the altcoin market some time to either go sideways or find some momentum toward the upside. ETH is showing us that momentum now. Wait for another push or two toward the $0.57 high, wait for a double top reversal signal, then enter a short position with a stop loss placed above the Resistance Zone. An entry around $0.51 gives us enough room for a 1:2 Risk/Reward trade since the second take profit will be in the Daily 200EMA support area at $0.35. Close out the first half of your position at 1:1 Risk/Reward and move the stop loss up to the entry price, this locks in profits and allows the second half of the trade to be executed without the fear of loss. This, being a counter-trend trade in a bull market, comes with a lower probability of profit, which is why half of our position ought to be a scalp. The conditions listed must be met for this trade to work. I will also add that longing here is not recommended with the crypto market burning as hot as it is for as long as it has been. We're due for a hard pullback of at least 30-50% before we see new all-time highs for Bitcoin. I stand firm on that warning, given the distance we've traveled since the $15,000 low; the probability falls the longer we march upward. 💡 Trade Idea 💡 Short Entry: $0.51 🟥 Stop Loss: $0.59 ✅ Take Profit #1: $0.43 ✅ Take Profit #2: $0.35 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Found Support at the Daily 200EMA after a three-legged pullback from the $0.57 high 2. Two legs up in a new bull pattern 3. Looking for a third leg up followed by a double-top reversal signal 4. RSI at 57.00 and at the moving average. Room to move up before a fall. 5. Wait for these conditions to be met then aim for a 1:2 Risk/Reward short. 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Short
by TraderEngineering
FTMUSDT Elliott Waves (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Targets: 0.4 - 0.42 - 0.44 after first target reached move ur stop in breakeven Stop: ~0.31 (depending of ur risk). RR: 1 to 2 ALWAYS follow ur RM. risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
FTM/USDT: Poised for a Promising Bullish SurgeFTM/USDT appears to be laying the groundwork for its upcoming bullish move, presenting an exciting opportunity for traders. The current market sentiment suggests that a notable price rise of 15-30% could be on the horizon. It is crucial, however, to conduct thorough research and analysis (DYOR) before making any investment decisions. Please note that the information provided here is for educational purposes only and should not be considered as financial advice. Traders are encouraged to evaluate the market conditions and their own risk tolerance level before engaging in any trading activities.
Long
by Crypto-By-Ghazi