Crypto FTM/USDT ($2.60 is a good R)View on Crypto Fantom (24 Nov 2021)
Fantom (FTM) has a decent pull back in recent week and now it is bouncing off from the $1.80 level.
Currently, $1.80 shall be a strong support for now.
Now we shall see as a $2.60 strong resistant and only when that ($2.60) regions is strongly broken, it shall continue the bull trends.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
FTMUSD trade ideas
FTM going into bullish mode now !💸we started seeing impulse to the upside once downtrend broke/shorts got trapped as predicted in the last analysis!
congrats to longs! all price targets will be hit soon in my opinion. paytience ⏰
price targets 2.8-3.2395-3.6791
like and follow for more! thanks 💘
FTM Breakout - $4 in December- FTM broke out
- Last time it broke out, it topped at top Fib level
- Rising RSI from low
- MACD looking to reverse over Signal
- Fib Levels are $4+ in December
ftm long swing ~let's try this again :^).
when everyone is fearful, we have to be greedy!
ftm pulled a beautiful impulse the other day, and has retraced back down perfectly after a 5-3-5 correction.
i think it has the potential to pull at least 50% from here, especially if btc is going to see a mean retracement.
during this mean retracement, we may see a little alt season.
higher risk, wider stop, but i have a good feeling about this.
btc still might raid 53k, so be prepared for it.
target = $2.9
FTMGood price to buy but could go deeper. I think Fantom is good to have and hold it if get the deep. 1.8 is perfect to buy if want go up from there.
FTM - Can we buy again?FTM had a bullrun in past few weeks. Now it's retracing into a trend line, key levels.
Closely monitor values and you can re-enter for long trade again.
ftm long swing ~daily buy signal confirmed.
i think ftm is going to out perform some of the other projects, since this is the last leg.
last legs usually end up in a blow off top scenario.
i'm willing to hold this as high as it's willing to go, moving my stops up as i go.
now that duck season is over, it's time for alt season.
wave 5 target = $7.2
ftm following eth's old pathjust imagine.
how can these kind of gains be possible? shitcoins ladies and gentleman. shitcoins.
also if you have some stupid comment about market cap because you dont understand market caps please keep it to yourself.
this is just an idea. just a dream.
the % gains to closest targets do seem right though in comparison to other fractals etc im looking at.
ftm is still ranked #33. i expect it to keep climbing until it hits about #10.
gl
very nice setup here🚀triple bottom bounce off RSI support, temporarily broke recent support on the chart and possibly trapped a bunch of shorts there!
watch for this downtrend breakout and then look for a quick rally to 3.
like and follow for more💘
Massive Buy Signal...This is your textbook EW 5 waves up and ABC correction to re-test the previous wave 4, there are so many screaming buy opportunities atm I'm struggling to make charts for them all.
FTM - Repeating Pattern Almost an identical pattern reforming here. Bulls will hope the rest of the narrative will play out.
FTM Potential Local BottomJust a quick post,
Feels like a good place to load up on some FTM if you haven't.
RSI printing a bullish divergence on the 4hr, Hitting crucial .382 Fib Lvl which has played out as an impulsive move to the upside in the past.
Retesting previous ATH set in September.
Seems like a good r/r trade unless BTC decides to nuke, if it does, 1.5 is on the table
Cheers
FTM Long EntryAs most altcoins follow the path of Bitcoin FTM fell 25% this week due to Bitcoins price drop. The levels now are very oversold on the 1hr time frame, at the 10 levels. The price has fallen to a key support area that FTM has respected before, at the $2.05 area. As long as Bitcoin/Ethereum’s price doesn’t drop drastically and finds stability, a long at this level seems appropriate. The target for this trade is at the recent high of $2.40 which is a 20% gain. The stop-loss area for this trade is at around the $1.76 level.
FTMUSD (1D) OutlookIt is easy to assume that price would go up because of trendline 33rd touch rule (Entering a trade on the third touch of a trendline for confirmation is a good concept to employ).
But we have to be careful to use SL of 1.91033156 just incase out assumption become vain.
LET ME KNOW WHAT YOU THINK AND PLEASE FOLLOW NE AND LIKE MY IDEAS
Scalp FTM LongDaily range - volatility allowing it to range. Scalp trade. Currently Compounding at the second long position. ready to grab the liquidity and sell stops above the range at $2.22. We want the MSB to be broken at $2.17 and retested, to continue the bullish movement upwards. These are the only 3 Trades I have taken/will take today.
SOL first FTM next, then the others.SOL first FTM next, then the others.
Simple idea here, you can see they seem very similar at the moment, but I think they maybe sneakily out of phase. With SOL already mapped out what FTM is doing. Final leg up here before chill out period. When no doubt some other shit will pump. The capital is very much rotating around this time. As no doubt the capital requirements have made pumping the whole frigin market at once, like last time, a little harder.
Lets see if this plays out.