FTM Fantom we MUST pay attention to price here We are currently at the mid-range after spiking up and rejecting back into range. We are likely to see a bounce at the mid-range but if we are to lose this level there is a demand zone that coincides with the 50 day MA that will almost certainly get tapped. The RSI is giving mixed signals here as there is a strong bearish divergence based on the highs but a weaker hidden bullish divergence based on the lows. If we lose the mid-level I will look to sell and buy back if the range lows hold. With stocks overextended and interest rates bound to go up, we are in an uncertain place where it's better to be safe and pay attention. It's better to sell if things look bad and miss a few percent on the way up vs losing 90% of one's portfolio on the roller coaster down
FTMUSD trade ideas
FTMUSD -- LongFTM showing signs of accumulation after a big draw down. Measured moved of accumulation structure = $2.95.
Hidden MACD and RSI Bullish divergence on 4h.
Bearish biasThis pair has broken out of the ascending trendline and has broken the horizontal support. The price has retested the previous support and we can see some bearish rejections. I expect the pair to continue this bearish momentum. Strongest area of support is 1.28
#SpeculativeSetup
#NFA
#RiskManagement
FTM appears ready for higher levelsWatch this new resistance trendline.
MACD 1H may curl down and test previous resistance before test and breakout of YELLOW trend.
Once broken $2.60 is the next target.
Good Luck
FTMUSDMy 2 cents on one of the strongest coin. Risky scenario to bid on.
Prob. approach : 70% to TP1 / 30-40% to TP2
FTMWe need a break to continue growing. I expect a test of the strength of the trend line. However, there are bearish signals on the chart as well. It is a double top pattern, also low volumes do not inspire optimism.
In any case, it is important to keep an eye on the bitcoin, which might affect the situation.
The nearest support zone: 1.44-1.60
Nearest resistance area: 2.27-2.41
descending triangle breakout,, the bottom is behind usbeen extremely bullish the last few months,, the market has done pretty much exactly what i expected so far. i think the BTC bottom is behind us so things are just looking really good right now imo. ive got a stop loss under the triangle incase im wrong though,, wish me luck friends
FTM BreakoutWatch for FTM to close hourly candle above $2.05 for continued rally.
FTM has exited now just watch for confirmation. Then should travel quickly to $2.30
Good Luck
Potential Short For FTM STILL IN BEARISH CONDITIONS FOR FTM AND A SYMMETRICAL PATTERN HAS BROKE WITH A RETEST ON THE LOWER TRIANGLE
STOP LOSS 2.00
TAKE PROFIT 1.64
RISK REWARD 2/1
Please leave a comment as all ideas or corrections to my analysis will be very helpful :)
Fantom fractal points to a retest of all-time-high 3.70If Fantom is able to hold 2.0 above the ema 200, it may repeat the previous fractal.
The ema 5 should be turning up in the next few candles.
Fantom is relatively in a stronger trend amongst cryptos.
Not trading advice
Where Will The Downtrend Of FTM Coin Price End?The weekly technical chart of the FTM suggests a strong consolidation trend in price for upcoming days. The asset is currently stuck inside a consolidation zone and can soon see a strong momentum to a new high. Fantom coin price is trending in a supply zone and may soon see a breakout to a new high in the future. The upside trend of FTM may see a halt near the value of $3. Meanwhile, on the downside, the coin can see a bounceback near $1.5. It is currently trading below the 50 and 100 Daily Moving average, with an upcoming negative crossover in the future. If the coin price see a jumps above 15 to 20% above the current level then a strong momentum can be seen. FTM/BTC pair might also see a strong move in the future.
FTM possible direction Looking for FTM to make a swing to the low, if breaking through the BEARLIN wall. It'll give me some good indication that my play has a higher probability.
FTM back to $3Here we go, BULL SPEED AHEAD.
FTM should ran back to the big resistance at $3
Good Luck
LONG FTM 2.19 TAKE PROFIT 3.50FTM is bouncing from the 618 fib level and reaching the 50% level. the basics of trading would say it's an optimum long entry level. I'm long let's see what it gives
ftm undater 1.5$FTM going down like what i i said before i hope this will hit that's update for it
1-ftm lost big supp and get reject from
2- ema and it's
3-already have big div on rsi
4-over bought on weekly
and now ftm did retrace
so all what i want to see rn to confirm 1.5$ just to loss the white box and that will put ftm in bear market for while
FTMUSD 2H bull signal FTM wants to run so bad, but BTC fears hold it back. Bullish divergence on 2H RSI and AO.
FTMUSD long time frame wedge in playThe sell volume on FTMUSD is declining, and the RSI and AO are tapering towards neutral. If they continue to turn, with sell pressure declining, it could signal an upswing. I'm concerned that it won't be a long term return to uptrend, due to this multi-month wedge in play. I'd treat any swing as temporary especially if Bitcoin doesn't return to strength.
FTM. POSSIBLE PULL BACK IN THE MAKINGFTM has only been under the 200 moving average on the 4 hour chart one time in the past. we made a few re-tests, but failed.
We are below it again, and failed the first re-test.
It could start to trend down to my purple support trendline, and we could be seeing a bounce in the 1.80 area.
If we break the purple support line, we can find further support in the 1.56 area.
Next support levels are 1.26, and 0.96 areas
we also have resistance in the 2.44 area
FTM short after retraceFTM has been on a steady downtrend, and is looking for a new leg up, not only technically but also fundamentally. A lot more users are starting to discover the possibilities of the FTM ecosystem.
Presuming that the trendline from ath is respected then we can see FTM reach the $1.8 zone which is an optimal place for longs.
Watch for rejection from the support trendline (red dashed) and keep tight stop loss.
If we get confirmed breakout from descending trendline (red) Raise stop loss to breakeven.
Depending on whether the overall market is bullish support should hold, but with the current situation a shakeout is possible.
FTM Dude, make it stop!Well, that is a pretty impressive Head and Shoulder that just completed.
Your call to go long, I just grabbed bags of FTM
Good Luck
