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FTMUSDTPERP

Long-Term Analysis of Fantom (FTM) CoinIf FTM experiences a decline within the specified range of $0.2246 - $0.208 in the coin analysis, it may be considered for long-term investments. If it encounters strong buying reactions from the mentioned support range, the initial upward target is $0.357, with the next target being $0.414. Should FTM continue its downward movement, and if it drops to the $0.1856 level, a final addition can be made. However, if FTM closes weekly candles below the $0.17 level, it should be stopped. Not financial advice (NFA).
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by wagmitraders
Fantom – Channel BreakoutFantom is in a downtrend since February 2023. Fantom’s PA created a descending channel, with the 50D EMA acting as additional resistance. Today (October 23rd), FTM broke out of the channel and formed a bullish ChoCh. Fantom presents a long opportunity. IMO, you should consider the following factors: Pros: 1. FTM is above the 21D & the 50D EMAs. 2. Channel breakout. 3. FTM is above the immediate resistance level of 22 Cents. Cons: 1. the daily RSI is elevated. Daily RSI is at 74. I am not sure it can support continuation without a pullback. 2. The channel resistance line was not tested as support. 3. the 22 Cent level was not tested as support either. 4. Fantom made more than 25% gains in five days. This pace is unsustainable. Suggestion: Wait for a pullback. A pullback will confirm the trend and show us where the support is. Possible Trade Ideas: Trade Idea 1: • Entry: 0.21 (ChoCh line) • SL: 0.19 (just below the 50d EMA) • Target: 0.31(weekly resistance) • TP: 0.26 (200D EMA), 0.31 • R: R: 1:3.8 to first TP. Consider leaving some on the table. FTM could go much higher. Trade Idea 2: • Entry: 0.22 (local s/r flip) • SL: 0.205 (ChoCh line) • Target: 0.31(weekly resistance) • TP: 0.26 (200D EMA), 0.31 • R: R: 1:2.8 to first TP. Consider leaving some on the table. FTM could go much higher. NFA. What do you think? Please share in the comments. Best Wishes.
CRYPTO:FTMUSDLong
by NewThoughtCrypto
The key is whether it can rise above 0.2413Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (FTMUSDT chart) The key is whether it can receive support and rise in the 0.2002-0.2732 range. (1W chart) The key is whether it can receive support and rise in the box range of 0.2127-0.3683. (1D chart) It is necessary to check whether it can rise beyond the previous box range of 0.1669-0.2733. To do so, the key is whether the price can be maintained above 0.208 and rise above the M-Signal indicator on the 1W chart. Accordingly, it is important to be able to maintain the price above 0.2413. ------------------------------------------------- The important support and resistance point on the current chart is at 0.4484. Therefore, you can set the 0.4484 point as the target point. If you have set a target point like this, you must create a trading strategy to determine how you can wait until this target point. If you are thinking of waiting as a trading strategy, it is better to place a pre-order at 0.4484 and not look at the chart. If not, you must focus on stabilizing your psychological state and making it possible to wait until the goal point. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
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by readCrypto
Fantom FTM price time to "catch up" with the marketToday, let's take a look at the global chart of FTMUSDT Finally, yesterday the altcoin market revived and started to grow, and XRP was the luckiest with the court decision that recognized it as a non-security) The FTMUSDT price hasn't really grown much compared to many altcoins. We can assume that the coin still has growth potential: - The liquidity zone is $0.45-0.55 , and we would consider this zone as the first medium-term target where you can fix part of the profit on a long position. - "the final", probably it should be called a long-term target for the FTMUSDT price in our opinion is around $0.80 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
19
Fantom – Second Entry Point• Please read my previous FTM idea for context. • It looks as if FTM has taken the straight route up. (Green Scenario) • If FTM moves above 0.333 USD I will consider it a ChoCh on the daily chart . Meaning, a move from a downtrend to an uptrend. • IMO, there are two ways to play this. In the end they are all the same: 1. Simple Support/Resistance Flip trade: Wait for FTM to test the 0.333 USD Level as support to enter long with the SL below the previous low. 2. Wait for a pullback to the demand zone with a SL below the zone. FYI, this demand zone was tapped once on June 24th, but it doesn’t mean that price will not test this demand zone again. Trade Idea 1 (Support/ Resistance Trade): • Entry: 0.333 • SL: 0.2876 • Target: 0.546 (TP along the way, leave a moon bag) Trade Idea 2 (Demand Zone): • Entry: 0.3 • SL: 0.2876 • Target: 0.546 (TP along the way, leave a moon bag) NFA. What do you think? Please share in the comments. Best wishes to all.
FLong
by NewThoughtCrypto
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FTMUSDTThe weekly chart shows a bigger picture of what is happening. We can see that the 6th week is ending with a red candle for Phantom. This is not a good sign. But the price is approaching the important support of 0.3 and also in this area we have the support of the dynamic trendline, both of which can cause price stability and growth. But as you can see in the chart, I chose 2 scenarios for the currency. The first scenario is the price meeting the support of 0.3 and growth again. The second scenario is the failure of the support and reaching the next support, which is 0.25. So it is better to wait and see the price reaction to these supports ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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by Madoir