FTM still bullishFTM dipped a bit more than the rest, but bullish structure still intact. Early profit takers are gonna regret it imo. Looking to sell my bags around 4,2$, slightly above range high. NFA.
should we assume deviation and downtrend breakout for FTM?let's see if this breakout holds. FTM massively broke down and then broke down some more, but could be considered deviation. Either way, we can now look forward to a potential scenario of retesting the HTF support and resume return to upward move.
Fantom long term buy opportunityI only hold a couple of coins for longer term if I see a stong technical setup.
Fantom is one of the crypto's I hold for the next bullrun, so longer term investing.
No short term trading.
The reason is the price is at a stong demand level on the weekly chart supported bij the 200 MA.
At such a d
FTM - Oversold to Aug 5th 2024 Crash levels!The selling on BINANCE:FTMUSDT is overdone on the 8H Chart
Last time the RSI was this low, was on the AUG 5th 24 crash lows!
The market is turning higher for ALTS, I can see FTM catching up and not going much lower from here, considering we're in the high volume node accumulation zone.
Coiled
Bad news FTM holders markets require more blood sacrificeThe price action of the past few days from the latest bottom of 66 cents seems to have been a bearish retest.
the massive long term support has turned into resistance
the bearish retest has been completed
now down again
RSI also has hit resistance.
more blood more pain
the bit question is when
FTMUSDTFTM hold steady before reaching Daily support area and need a strong buyers to get above cluster area (weekly pivot and daily support point)
Fantom-FTMUSD Periodic Analysis (Issue 57)The analyst believes that the price of { FTMUSD } will decrease in the next 24 Days. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis
Bearish monthly for FTM S more dump incomingFTM S monthly broke through critical support on the HTF and is now poised for further downward correction. Don't worry, maybe when they launch new charts with S, it will not be visible. We will, however, remember...
Be patientPrevious weekly candle is a huge hammer.
1.1 area has been cleared nicely.
We are on two ascending channels.
Descending wedge is broken.
I'm waiting for a pump right from here.
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