FTM double bottom and descending wedgeFTM did not maintain RED trend support; however, FTM did, so far, establish support at the exact previous low, forming a double bottom and not creating a lower low.
FTM is also forming a descending wedge. and could make a powerful impulse (pending bullish crypto recovery).
I am watching to see the daily close, confirming double bottom and/or wedge breakout.
Project moves on with the FTM team and development still continues, may be the last opportunity to grab FTM at a discount?
Good Luck
FTMUSD trade ideas
FTM i still believe in ftm project, team and community. next target gonna be $4.5.
REMIND:
THIS IS NOT FINANCIAL ADVICE.
Expectations can kill... This one will die eventually.$FTM is showing how expectations can kill, probably this one will die eventually, only a few cryptos will maintain their dominance, some of them are just a casino.
Stronger support at $0.61. If it loses we can fall to $0.15
FTM repeating ETH's first performance? on massive scaleFTM repeating ETH's first performance? on massive scale
pretty self explanatory.
look at those gains. how could i be so poor? makes me wanna jump out a window missing that performance. ffs.
been tracking ada with this idea for awhile (idea attached), but that one doesn't look as on point as this one i realized last night. the ada one looks broken. maybe this will too soon. we shall find out.
anyway gl hf
x
Fantom at major support On daily time frame we can see fantom is at one of the great support. So the reversal is expected
Fantom might have a chance here There's a few things happening with Fantom right now:
1) We have broken bearish out of what was established as a bullish pennant pattern, not a great sign.
2) There has been some FUD spreading lately about some developers for FTM leaving the team. Not too sure how much this will affect price action in the long term but the company said that this departure doesn't affect their plans for the cryptocurrency. Something to keep in mind.
3) Right now Fantom has some pretty strong support underneath it marked by the green box. This green box marks a key support level because each time Fantom has entered that zone, it has had either a significant move to the downside or a significant move to the upside.
4) It just so happens the .786 level fib retracement on the daily lines up too perfectly with this green box.
5) Rsi is pretty low on the daily but can definitely go lower.
If this green box holds as support Fantom will have to break back into the bullish pennant again to return to its "bullish" medium-long term state, which in my opinion is likely to happen.
There is a decent possibility we make a V bottom in this green box and return back to being inside the pennant.
If Fantom cannot break back into the pennant, the likelihood we lose the green box as support becomes much higher.
Overall, I am more bullish than bearish on Fantom until it can prove me otherwise.
Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
FTM/USDT - INVERTED H&SThis play can be the start of a bigger to come if BTC plays its role, and from by the looks of it, it is starting to show some good signs of life.
Most alts look bottomed for a run, but is this the start of the crypto run - i do not know yet, will need to allow more PA to run its course.
i will update more on this as PA unfolds.
Trade safe all
selling because one person left? think againWhy did you invest in FTM? is it because of one dev? or is it because the principle/objective of the ftm?
surely alot of ftm hodlers dont even know the dev, then why freak out, to me i see its a wonderful time to have discounted meals and snacks with ftm
FTM - the big shortOk my grandparents gave me $100k. This is my plan to make a huge come up with it. I will be all in shorting FTM on x2.4 leverage all the way down to original break out level of 25 cents. My liqdautoon got the 100k is at 2.36. 0 chance of that happening. I am the best planned out trader ever. I won’t lose my grandparents money. 0% chance 2.36 hits. ZERO.
(Im doing the opposite of what’s posted / said and if you believe this sorry)
FTMUSD wedgeI’ve been banging my fist on the table for months regarding this wedge formation. We can say it’s because of the news about Andre, but this was almost prophesied.
Now, we are at a decision point. If we fail this support line, we may be in trouble. If we bounce, like today, we should be in for quite a swing.
FANTOM USDT FTMUSDT taking a a reversals @1.3400 and heads up to 2.0500.
Don't forget your stop loss @ 1.1400
JUST MY AN IDEA!!!
My FTM prediction, just fantasyfalling wedge, but rsi doesnt show any sign of bullishness other than being oversold
FTM IF support holdsFTM has confirmed, so far, long term trend support. If daily closes above the RED support line, then that is a higher low and the trend is still bullish. The mass exodus yesterday may have provided a fantastic long entry place to load up your bags. Watch the price action to continue consolidating until trend breakout. I would have looked to add at this trend had the cofounder not exited.
Good Luck
FTM, tough oneFTM suffered a massive loss this morning, trying to hold a daily level that was already tested.
I just bought some with a 1.38 stop loss. If BTC loses 38k, I think we should expect new lows on FTM.
FTM💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
Possible FTM bounce backFTM has seen heavy sell pressure. I believe this could opportunity for Long as it reaches major Support. Please do note we have another support at $1.15.
Still learning!
Cheers
Have a good day!
Possible Falling Wedge setup on $FTMKeep a close eye on falling wedge setup. If $BTC flips bullish over 40K. I fully expect a move to $2.50 on $FTM
FTM Long IdeaFantom has the highest rising TVL in Crypto. Just a matter of time before we see $5 and above in the future. Short-term, long as it holds bottom of trendline, it should retest the top at $3
Trade Idea On Phantom (FTM/USD)Crypto is still in Bearish conditions - FTM has rallied nearly 60% from the Swing Low but failed to hold above the 100ema.
This is an Area Of interest (AOI) for a short set up.
Confluences (Ideally looking for 3+ confluences to enter a trade)
Price Rejected POC VALUE
Key Area acting as Resistance
Shooting Star candle
Price rejected the 100ema
Educational purposes only (hopefully providing traders ideas)
BINANCE:FTMUSD
FTM PERP IDEAFTM is declining to our support at 1.31 should that floor hold we could see BULLS come in and take this to 2.98 area or 3.32
fantom Mid-term downtrendMid-term downtrend ↘️
🏴twin roof Range flag poleback points 🔛1.14 - 1.36
Best price for Hold 0.38 - 0. 40 🌹
